The September 2018 RE/MAX National Housing Report shows home sales took a 12% tumble while prices remain at record levels. “The big drop in September closings catches your attention. The market is clearly re-balancing as buyers and sellers continue to process the increasing interest rate ... » Learn More about 3 Items to Know – September 2018 RE/MAX National Housing Report
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The economic chaos A decade later: Big adjustments to RE market
At midnight on Monday, Sept. 15, 2008, Lehman Brothers filed what might become - and also be - the most significant bankruptcy proceedings in U.S. history. It had been a high-watermark of the Great Recession.And the impact it had on the real estate market was felt everywhere. Today, ten years ... » Learn More about The economic chaos A decade later: Big adjustments to RE market
August 2018 RE/MAX National Housing Report
The August 2018 RE/MAX National Housing Report shows increasing home prices, low inventory and a decrease in days on market. These combined factors made August 2018 the sixth time this current year that home sales lagged behind last year’s pace-but only slightly at -1.1% August 2018 RE/MAX National ... » Learn More about August 2018 RE/MAX National Housing Report
Home values reach all-time high as sales decline for third consectutive month
The median existing home values in June was $276,000 - the 76th straight month of year-over-year gains. Existing home sales dropped 0.6% to a seasonally-adjusted 5.38 million in June, declining for the third consecutive month, as reported by the latest data from the National Association of Realtors ... » Learn More about Home values reach all-time high as sales decline for third consectutive month
When will boomers vacate? Earlier than some think
The vast majority of working baby boomers ages 50 and over say they plan to delay retirement, as outlined by a survey by The NHP Foundation, a nonprofit real estate corporation supporting affordable housing. The expense of housing could possibly be the reason why. When will boomers vacate? ... » Learn More about When will boomers vacate? Earlier than some think