Posts Tagged ‘#newhome’
Americans Believe Real Estate is the Best Long-Term Investment [INFOGRAPHIC]
Some Highlights:
Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans.
Real estate is ranked as the best long-term investment among all age groups.
Millennials rank both rea…
Housing Inventory Disappearing
The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions.
Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming
We recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns are unfounded.
More & More Singles Are Falling For Their Dream Home [INFOGRAPHIC]
Some Highlights:
- 24% of all recent home buyers were single at the time of purchase.
- 47% of single men cite the desire to own a home of their own as the primary reason to buy.
- 18% of first-time buyers were single women.
91.5% of Homes in the US have Positive Equity
CoreLogic’s 3 Charts That Scream ‘List Your Home Today’
In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise.
Lack of Inventory Challenging Many Housing Markets
Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:
The Difference An Hour Makes This Spring [INFOGRAPHIC]
Some Highlights:
- Sunday, March 13th, we “Spring Forward” one hour for Daylight Savings Time (except for our friends in AZ).
- Every hour in the United States, 624 homes will sell and 118 homes will regain positive equity.
- The median home value will also increase each hour in the United States by $1.84.
Harvard: Why Owning A Home Makes Sense Financially
We have Where Are Interest Rates Headed This Year?
With interest rates still below 4%, many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year.
If you look at what the four major reporting agencies are predicting for 2016, it may make the decision for you. The chart below averages the predictions by quarter.
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