Existing Homes Supply Hits 35-Year Low

by | Aug 9, 2017 | Uncategorized

The U.S. Census reported that the supply of existing homes is at the lowest level since 1982. Specific Facts For today’s homebuyer, high prices and low inventory are limiting the number of units sold in most markets. Buyers for the month of June continued to...

Housing Starts Bounce in June

by | Aug 7, 2017 | Uncategorized

Confidence Fueling Housing Starts Housing starts bounced back in June, according the U.S. Government. The figures point to the unrelenting buyer demand to meet housing shortages across the country. The report show that starts rebounded from May’s drop as residential...

Profit Highs for Sellers

by | Aug 4, 2017 | Uncategorized

According to ATTOM Data Solutions, some sellers are scoring more profit than at any other time in the last decade. Of course, the primary reason for this is the unabated climb of housing prices, especially over the last three years. Currently, the average amount of...

Millennials Start to Buy

by | Aug 3, 2017 | Uncategorized

The national homeownership rate increased slightly from last year, but was not statistically different from last quarter, according to the latest release from the U.S. Census Bureau. The homeownership rate climbed slightly from 2016, but only marginally from the first...