Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming … [Read more...]
BOOM Said June: Following May Shutdowns, June Home Sales Jump 20%! Home Prices in the West Are 5.5% Higher Than Last Year
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the … [Read more...]
Home Buyers: Preparation is Key When You Get Into a Bidding War
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. … [Read more...]
Home Buyer Demand Increases Across All Regions and Up 4.6% Nationwide
Buyers are out in full force this fall, increasing the demand for home buying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise … [Read more...]
How is Buyer Demand Affected by the Supply of Homes for Sale?
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer … [Read more...]
Understanding How the Economy Works
Buying a house is a major life purchase and, given the significance of this purchase, just the idea of buying a house may generate many questions and some anxiety. One factor you may consider when buying a house is the economy and how it … [Read more...]
