Tweet With the real estate bubble from 2008 still fresh in many American’s minds, people believe that we are heading towards another real estate bubble in 2017. Rising home values have hit or exceeded their pre-crash peaks in many markets, fueling fears that we are just around the corner from another crash. According to a...
Tweet The most recent reports indicate home sales and home values continue to increase. Buyer demand remains strong, but a historically low inventory of homes for sale keep driving home values upward. Home Sales 2017 Here is the latest look at overall home sales, compared to last year: So far in the first quarter of...
Tweet To get a proper perspective on the current housing market, it can’t hurt to listen to what the experts are saying. So, Here is a round up of quotes from various experts regarding the current real estate market. Consumer Confidence Consumer confidence overall, and especially in the housing market, are the strongest they have...
Tweet Real Estate Market Prime Opportunity For Sellers So far in 2017 home values have been increasing at a rapid rate. This is partly because buyer demand is so strong right now. According to the latest quarterly Metropolitan Median Area Prices and Affordability and Housing Affordability Index from The National Association of Realtors (NAR), home sales...
Tweet Soaring Home Values ≠ Housing Bubble Home values are rising much faster than what was projected, and are at their fastest pace we have seen in two years. As a result, many fear that we are in another housing bubble, similar to what we saw in 2006, just before the big real estate crash....
Tweet Home Sales Decrease Despite Many Positive Signs If you have been following the housing market, you may have seen the headlines for home sales dropping in April. With some of the headlines out there, you may think the market is crashing. However, if you have been really paying attention to the information out there,...
Tweet Housing Market: What’s Holding Us Back When discussing the housing market, I have often criticized the media for either not telling the full story or for sensationalizing the headlines. I found an article that explains what is happening in the market very well. It touches on many things I have discussed, and summed up...
Tweet Housing Market: There’s No Bubble Chicken Little! (Yet) There is some good news about the housing market. If you have read some of my previous posts, you know that a big issue facing the housing market is the lack of inventory. 2015 is on pace to be the best year in the last 9...