Category: Housing Market Updates

    • Are Older Generations Really Not Selling Their Homes?

      Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent […]
      Written by Keeley Ryan
    • Top Days to List Your Home for Sale [INFOGRAPHIC]

      Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to list your home brought in a...
      Written by Keeley Ryan
    • What is Really Happening with Home Prices?

      Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market […]
      Written by Keeley Ryan
    • New Research Shows Housing Is Affordable For First-Time Buyers

      Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their […]
      Written by Keeley Ryan
    • A Lack of Inventory Continues to Impact the Housing Market

      The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that […]
      Written by Keeley Ryan
    • A Tale of Two Markets [INFOGRAPHIC]

      Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inven...
      Written by Keeley Ryan
    • Mainstream Concerns about an Economic Slowdown Revisited

      Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur […]
      Written by Keeley Ryan
    • Home Buyers are Optimistic About Homeownership!

      When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase! Most homebuyers start by […]
      Written by Keeley Ryan
    • The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

      Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5...
      Written by Keeley Ryan
    • Your Fabulous New Dream Home is Now Available

      Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, four-bedroom colonial with three bathrooms no longer fits […]
      Written by Keeley Ryan