Housing Analysis

Real Estate Market Adjustment: What You Need to Know Are you looking to buy or sell a home? Understanding the current market and how it may affect your real estate goals is important. In this blog, we'll take a look at local real estate data for homes for sale, pending sales, and homes that went under contract. We'll also discuss how long homes are staying on the market and what the experts are...

What does months supply mean in the real estate world?  Month supply means if no other home were to come on the market for sale, based on the current active listings vs sold listing it would take so many months to sell the current inventory. To put this in perspective 0-4 Sellers market.  More buyers than homes to put them in. 4-6 Normal market.  Neither a buyer or sellers market. 6 and above...

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

At the end of the year, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again with the same agent or a different agent. Let’s assume you or someone you know is in this situation and...

Last week's jobs report -- a combination of the Department of Labor's non-farm Payrolls Report and Unemployment Rate -- provided investors and job seekers with unexpected good news.

The previous couple years' doom and gloom outlook is looking like it is turning more upbeat and robust for the rest of 2013.

19 of 20 metro areas showed higher home prices in Q 4 2012 with the New York metro area showing a decrease in home prices; this could be due in part to the impact of Hurricane Sandy.

Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January.

February's Housing Market Index reading remains near the HMI's highest level since April 2006, when the HMI reading reached 51.