The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019,
Houses, Inventory, Disappeared, Market, Analysis
If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home.
2020 Forecast Shows Continued Home Price Appreciation. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months. If you’re …
Wages are increasing, mortgage rates are low, and inventory is building each month. Let’s get together to talk about how to use the strength of the current economy
Whether the sales price is more important than the interest rate depends on your perspective. All real estate is local. This means whatever is happening in your local market in Solano County, for example, could vary wildly from, say, the market in Manhattan. It’s pretty much impossible to time the real estate market, but you can …
2nd Quarter National Housing Report for 2019. ach quarter we publish a national housing report covering the entire nation. We look at pricing trends, historical data and future predictions.
Why Is My House Taking So Long To Sell? Fairfield Housing Report May 2019. May is supposed to be the hottest selling month of the year. Just look at May of 2018. closed sales for Fairfield 137 homes. In May of 2019 we are down 24.1% in homes sold.