Market Reports

Sept. 30, 2016

Is The Lack of Existing Home Availability Increasing Sales?

Here are the highlights:

  • Inventory of existing homes is 10.1% lower than last year.
  • Despite a strong demand by buyers, lower home inventory helps explain why there is a modest increase in home sales. 0.8% year-over-year.
  • The price of existing homes show an increase of 5.1% year-over-year ...
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Sept. 29, 2016

Home Sales Expected to Increase

According to projections by Fannie Mae, the National Association of REALTORS®, Freddie Mac, and The Mortgage Bankers' Association, home sales will increase nationally in 2017.

Each organization is estimating increases for 2017. See the graphic below to view the projected sales by each of the entities.

If you have considered selling your ...

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Posted in Market Reports, Sellers