According to the chief economist of Corelogic, one of the largest financial and real estate data providers, Dr. Frank Nothaft indicates the Year-Over-Year US National home price growth average hit 7.1%. Although all states seemed to have had varying rates of gain, approximately 13 states saw home price recovery at ...
Continue ReadingThe Takeaway The Real Estate Market, just like the Stock, Commodities and Forex Markets is an ever changing chameleon. Wise Buyers and Sellers will therefore seek out a competent Real Estate Professional to empower them with the right information about the current market and their particular geographical location. As always, ...
Continue ReadingThe residential housing market is undoubtedly on fire. With the job market strengthening daily, home sales continue to increase and are now at their second highest pace since February 2007. Buyer demand is very strong and many real estate professionals are reporting bidding wars that cause many homes to sell ...
Continue ReadingThe latest Existing Home Sales Report from the National Association of Realtors (NAR) demonstrates a definite correlation between a lack of inventory and rising prices. In a nutshell, it is simple supply and demand economics. In other words, as the demand for an item increases, its supply continues to diminish ...
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