Changes are afoot on the national housing market that suggest that this year is going to increasingly favor the home seller. And that means buyers will likely be paying more for real estate in 2014. According to a recent news article, the National Association of REALTORS® recently reported that nearly 5.1 million homes sold last […]
Category Archives: Chatham County RE News
Almost All U.S. Cities Can Be Optimistic About Real Estate Market in 2014
The economic recovery is not just confined to one region of the United States, according to a recent news article. Evidently, a recent report from the U.S. Conference of Mayors noted that almost every city in the country is expected to see economic growth in the New Year! This is great news for everyone because it shows that […]
More Gains Expected in 2014 for US Housing Market
Experts emphasized recently what they’ve been saying for weeks: The US housing market will show even better gains in 2014. Evidently, experts believe that it will be a good year for housing, despite the fact that sales are likely to level off slightly. Those interested in buying and selling real estate in the US in […]
National Housing Market Weathering Higher Mortgage Rates
The sales of new U.S. single family homes fell only slightly in November in the wake of higher mortgage rates. Meanwhile, prices on new homes continued to rise, signaling to national housing market experts that the market truly is weathering higher mortgage rates, according to a recent news article. National Housing Market Showing Resilience, Experts […]
A Very Merry Year End National Real Estate Report
Whichever way you look at it, the real estate market is finishing strong as we wrap up 2013! According to a recent Bloomberg report, several market indicators are showing growth and gains, which is great news for home buyers and home sellers alike! Today, we’re going to share with you some of the highlights of […]
US Homes Selling Quicker and Canadian Home Sales Prices Increasing!
As real estate experts, we’re always looking for market indicators to suggest whether the market is favoring sellers or buyers. We look at a variety of factors, including average list price, median sales price and price per square footage. Another indicator we look at is the days that a home spent on the market before […]
U.S. Home Prices On the Rise in Most Cities
Great news for interested home sellers throughout the country: The price for single-family homes has increased in 88 percent of the country’s cities! That’s according to third quarter data recently discussed in a Bloomberg article. Experts are saying that the increase is directly attributed to buyers competing for limited inventories as well as a decrease […]
US Foreclosures Drop to Lowest Levels in 7 Years
Here’s another sign that the tide has turned on the national real estate market: US homes entering the foreclosure process fell to their lowest levels in 7 years during the 3rd quarter of 2013. This is tremendous news for interested home sellers because foreclosures have been pulling down median sales prices all across the country […]
3 Encouraging Signs on the US and Canadian Real Estate Markets
Home prices in both the United States and Canada have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. Meanwhile, in Canada, home prices […]
3 Indications The Housing Market Is On an Upward Swing
The national housing market continues to show great gains lately, according to recent data from the Standard & Poor’s Case/Shiller home price index and other national sources. Despite some setbacks like rising mortgage rates, the housing market is on an upward swing. Just Consider These 3 Indicators: 1.) more sellers are listing their homes 2.) […]