Monthly Archives: July 2016

//July

Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]

Some Highlights: Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year. Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced [...]

House Hasn’t Sold Yet? Take Another Look at Your Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second-highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings actually selling above listing price. What about your house? If your house hasn’t sold, [...]

By |2018-11-14T15:27:48+00:00July 28th, 2016|For Sellers, Pricing|0 Comments

Americans Believe Real Estate is Best Long-Term Investment

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. Bankrate asked Americans to answer the following question: “Which would be the best way to invest money you did not need for more [...]

The Top Reason to List Your House For Sale Now!

If you are debating listing your house for sale this year, here is the #1 reason not to wait!  Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: “With demand holding firm and homes selling even faster than [...]

By |2018-11-14T15:27:48+00:00July 26th, 2016|For Sellers, Housing Market Updates|0 Comments

Brexit 1 Month Later: The Impact on Mortgage Rates

Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days. [...]

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Gillian Cunningham | Residential Real Estate Specialist | Texas

Gillian Cunningham

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