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Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC]

Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC]

by Brent Knapp | For Buyers, For Sellers, Housing Market Updates

Some Highlights:Existing home inventory is down 10.1% from last year.A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.Existing home prices increased 5.1% year-over-year, which is directly related to the...
Home Sales Expected to Increase Nicely in 2017

Home Sales Expected to Increase Nicely in 2017

by Brent Knapp | For Sellers, Housing Market Updates

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next.As we can see, each...
Why We All Need a 'Phil Dunphy' on Our Side

Why We All Need a 'Phil Dunphy' on Our Side

by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

Whether or not you’ve ever seen an episode of Modern Family, or know who Phil Dunphy’s character is, the concept of knowing that you have someone in your corner who is looking out for your best interests is something we all want.When it comes to buying a home, whether...
Why We All Need A ‘Phil Dunphy’ On Our Side

Why We All Need A ‘Phil Dunphy’ On Our Side

by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

Whether or not you’ve ever seen an episode of Modern Family, or know who Phil Dunphy’s character is, the concept of knowing that you have someone in your corner who is looking out for your best interests is something we all want.When it comes to buying a home, whether...
US Housing Market Moving Further into ‘Buy Territory’

US Housing Market Moving Further into ‘Buy Territory’

by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is...
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