The housing market is in a transition. And that gives you 3 key opportunities going into the fall.
Focus on Time in the Market, Not Timing the Market
Should you buy a home now or should you wait?
How an Agent Helps Market Your House
You’re ready to sell your house. But what do you need most from your real estate agent?
Why Today’s Seller’s Market Is Good for Your Bottom Line
Thinking about selling your house and wondering if now’s a good time to do it?
Are More Homes Coming onto the Market?
An important factor shaping today’s market is the number of homes for sale.
Forget The Snow, Spring Has Sprung In The Housing Market!
Forget The Snow, Spring Has Sprung In The Housing Market! Entering real estate’s traditionally busiest time of year, the housing market is being buoyed by a stronger economy and consumer confidence. Job creation is 30 percent stronger this year compared to a year ago, unemployment is near a 9-year low, and wages and incomes are […]
Lapeer Housing Affordability Is Improving, slightly
“nearly one in five U.S. housing markets was not affordable by historic standards” … Eighteen percent of U.S. housing markets were less affordable than normal in the second quarter of 2016. That’s down slightly from affordability levels a year ago, when 20 percent of markets exceeded their normal affordability levels according to RealtyTrac. Their housing […]
Homes For Sale and Sold / Local Market Update For November 2016
Dec 10, 2016 Oakland County: New listings down 9.9% from November 2015 Closed sales up 13.8% Days on market until sold is 21 days Average sale price is $262,000 up 9.6% Inventory of homes for sale down 36.2% Months supply of inventory is 2.7 months Lapeer County: New listings down 44.3% Closed sales up 14.1% […]
Asking Prices Zoom To Record Highs
“This real estate market is coming in strong, just as we expected”… A robust market is causing sellers to up their asking prices, according to a preliminary analysis of May data from realtor.com®. “The past three months have set new records,” says Jonathan Smoke, realtor.com®’s chief economist. “Prior to that, the highest median list price […]
Pending Sales Soar To Highest Level In Decade
The ability to sign a contract on a home is slightly exceeding expectations this spring even with the affordability stresses and inventory squeezes affecting buyers in a number of markets… Contract signings for home purchases rose for the third consecutive month, with upticks in the South and West regions of the country providing the bulk […]