How’s The Real Estate Market? Read What The Experts Are Saying
How’s The Real Estate Market? Read What The Experts Are Saying: As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying:
Doug Duncan, Fannie Mae Chief Economist
“Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing millennial homeownership rates.”Diana Olick, CNBC
“Even as more homes come on the market for this traditionally popular sales season, they’re flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver’s seat.”Daren Blomquist, Senior VP at Attom
“I am guessing we will see it get even better… If you are considering moving, it could be a really good time to sell.”Lawrence Yun, NAR Chief Economist
How’s The Real Estate Market? Read What The Experts Are Saying
“The early returns so far this spring buying season look very promising as a rising number of households dipped their toes into the market and were successfully able to close on a home last month. Although finding available properties to buy continues to be a strenuous task for many buyers, there was enough of a monthly increase in listings…for sales to muster a strong gain. Sales will go up as long as inventory does.”Mark Fleming, First American Chief Economist
“Despite higher mortgage rates, the potential for home sales increased on an annual basis driven by steady income and job growth, along with a surge in building permits. While it may be a little late for this spring, the increase in building permits is a welcome sign that some relief may be in sight for the inventory shortages that are holding back many markets from realizing their full potential this spring.”
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Home Mortgages: Rates Are Up And Requirements Easing
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Buy A Home Now With Less Than 20% Down Payment
There are two major misconceptions that we want to address today.
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California Home Prices Up 6.6% Last Quarter
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Considering a Luxury Home? Now’s The Time!
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Things To Consider When Selling Your House – Spring 2017
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1. Demand Is Strong
Happy Birthday Kim!
Wishing you the best day of your life. Let’s celebrate like no other. You are the light of my life. Hugs and kisses.
4 Reasons To Buy Your Home This Spring
4 Reasons To Buy Your Home This Spring. 1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months.
Best Month and Day to List Your Home
Best Month and Day to List Your Home? This is a long sight after question in the competitive real estate market place today. Per this study by
Is Your Luck Running Out In Buying A Home?
Is Your Luck Running Out In Buying A Home? Freddie Mac predicts that interest rates will increase to 4.8% by this time next year…
Which Homes Have Appreciated the Most?
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The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors
Connection Between Home Prices and Family Wealth
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