Buyer Demand Exceeds Housing Supply [INFOGRAPHIC]
Some Highlights:
- Inventory Levels are still below the 6.0 month level necessary for a normal market
- Home Prices have experienced year-over-year gains for 38 straight months
- Home sold faster than any time since June 2013, in just 39 days
The Difference Your Interest Rate Makes [INFOGRAPHIC]
Do You Know The Cost of Renting vs. Buying? [INFOGRAPHIC]
Where Should I Retire? [INFOGRAPHIC]
Existing Home Sales Skyrocket! [INFOGRAPHIC]
I Need A VACATION... Home! [INFOGRAPHIC]
Some Highlights:
- Vacation Home Sales were up 57.4% in 2014
- 1.13 Million Vacation Homes Sold
- 2014 marked the highest level of sales in the U.S. since 2003
How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]
Some Highlights:
- The National Association of REALTORS® surveyed their members for their Confidence Index
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
- Homes sold in less than 90 days in 36 out of 50 states and Washington D.C.
- Only 3 states had a median sold date in the 121 - 210 day range
The Difference A Year Can Make [INFOGRAPHIC]
Some Important Points To Consider:
- The latest Freddie Mac Primary Mortgage Market Survey reports the 30-year fixed rate at 3.7%.
- Freddie Mac's projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher)
- The Home Price Expectation Survey predicts that home prices will appreciate by 4.4% during this same time