Buyer Demand Still Outpacing the Supply of Homes for Sale
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The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic […]
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Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the […]![\"Is](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/19141150/20180321-Share-STM.jpg\")
Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor plans? Let’s look at this example. Let’s say you have a 4-bedroom colonial style home […]![\"Are](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/19132552/20180320-Share-STM.jpg\")
CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion […]![\"Moving](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/12154524/20180315-Share-STM.jpg\")
If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years […]![\"7](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/09135925/20180314-Share-STM.jpg\")
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs […]![\"A](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/06171334/20180308-Share-STM.jpg\")
A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” like the one we experienced from 2006-2008. Recently, several housing experts weighed in on the subject […]![\"Home](\"http://files.simplifyingthemarket.com//wp-content/uploads/2018/03/02164356/20180307-Share-STM.jpg\")
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key indicators used in the report to determine the health of the housing […]