![Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC]](http://assurancehomeloans.us/wp-content/uploads/2016/09/20160930-STM-ENG-1080x675.jpg)
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...
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...
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...
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...
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...
