While inventory disappeared quicker than a Popsicle in July, slightly fewer (0.8%) homes sold, as reported by the August RE/MAX National Housing Report. The report analyzes real estate data in 54 metro areas throughout the U.S. It's actually not unusual to observe a dip in sales in July. "This ... » Learn More about August 2017 Housing Report: 3 Points to Recognize
Housing Forecast 2017
The key reason why the tight supply? Put the blame on the boomers
The U.S. real estate market currently is experiencing the worst inventory deficiency in 20 years, and new data from the realtor.com Housing Shortage Study suggests two primary reasons: A) Boomers unwillingness to sell, and B) a large number of people who believe their current home fits their ... » Learn More about The key reason why the tight supply? Put the blame on the boomers
First Half of 2017 Finishes with Record Sales, Prices
July RE/MAX National Housing Report on MLS Data from 53 Metro Areas. Halfway through 2017, the U.S. housing market is on pace for yet another record year as four of the last half a year have topped same month sales from 2016, as reported by the July 2017 RE/MAX National Housing Report. June home ... » Learn More about First Half of 2017 Finishes with Record Sales, Prices
Disregard millennial’s: Gen X running today’s business
Millennial's frequently get all the attention, but members of Gen X are really the ones running the real estate market lately. Gen Xers - adults between the ages of 37 and 51 - make up the second largest share of home buyers, comprising 28% in 2016, as outlined by data from the National Association ... » Learn More about Disregard millennial’s: Gen X running today’s business
Foreclosures decline under ‘normal’ pre-recession quantities
ATTOM Data Solutions' March 2017 U.S. Foreclosure Market Report finds that U.S. foreclosures is now below pre-recession levels in 102 out of the 216 metropolitan statistical areas (47%) analyzed inside the report. Foreclosures decline under ‘normal’ pre-recession quantities Nationwide, ... » Learn More about Foreclosures decline under ‘normal’ pre-recession quantities
