![Existing Home Sales Inch Up In January [INFOGRAPHIC]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201080%20675'%3E%3C/svg%3E)
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights: Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year. Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply. Lawrence Yun, NAR’s Chief Economist,...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights: Buying a home is often the biggest financial decision that any family will make. The average net worth of a homeowner is 45x greater than that of a renter. Homeownership puts your housing costs to work for you. Infographic was created in cooperation...
by Brent Knapp | For Buyers, For Sellers, Infographics
Some Highlights: Every agent brings a different set of skills & specialties to their clients. It is important to find an agent who you can trust to guide you through the entire process step-by-step. Having a conversation about your goals & expectations will...
by Brent Knapp | Housing Market Updates, Infographics
Some Highlights: For the 4th year in a row the Northeast saw a concentration of High Outbound activity. Oregon held on to the top stop of High Inbound states for the 3rd year in a row. Much of this Outbound activity can be attributed to Boomers relocating to warmer...
by Brent Knapp | For Buyers, For Sellers, Infographics, Pricing
Some Highlights: Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded. Inventory levels are still below historic norms at 3.9-months supply. Median home price is up 7.6% from last year, marking the...
by Brent Knapp | Infographics, Interest Rates, Pricing
Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.8% by next year. CoreLogic predicts home...
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