by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights:Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.Median home...
by Brent Knapp | For Sellers, Pricing
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.Bankrate asked Americans to answer the following question:“Which would be the...
by Brent Knapp | For Sellers, Housing Market Updates
If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For SaleThe National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates
Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at...