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Para los compradores, Para los vendedores

Actualizaciones sobre la vivienda: La alta demanda, el bajo suministro, los precios aumentando

Actualizaciones sobre la vivienda: La alta demanda, el bajo suministro, los precios aumentando
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A comienzo de esta semana, La Asociación Nacional de Realtors (NAR por sus siglas en inglés) publico su último informe trimestral. El informe cubrió tres aspectos importantes del mercado de la vivienda:

  1. La demanda del comprador
  2. Suministro del inventario de la vivienda
  3. Los precios de las residencias unifamiliares

Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR.

Buyer Demand

Total existing-home sales (which include single family and condo) were at an annual rate of 4.97 million in the first quarter of 2015. This represents a number which is 6.2 percent higher than the pace during the first quarter of 2014.

Yun: «Sales activity to start the year was notably higher than a year ago, as steady hiring and low interest rates encouraged more buyers to enter the market.»

Supply of Housing Inventory

There were 2 million existing homes available for sale at the end of the first quarter of 2015 which represents a 4.6 months’ supply of inventory which is down from 4.9 months a year ago. A healthy balance of supply between buyers and sellers is 6 to 7 months.

Yun: «With supply remaining tight—especially at the entry-level price range—buyers will need the expertise and local market insight of a Realtor® to help them through each intricate step of the buying process.»

Single Family Residential Prices

Home prices accelerated in 148 out of 174 metro areas (85%) during the first quarter of 2015 and the number of areas experiencing double-digit price appreciation doubled compared to last quarter. Compared to last quarter, the number of regions experiencing double-digit price appreciation doubled.

The national median existing single-family home price in the first quarter was $205,200, compared to $191,100 in first quarter of 2014. This represents a 7.4% increase year-over-year.

Yun: “…stronger demand without increasing supply led to faster price growth in many markets…Homeowners throughout the country have enjoyed accumulating household wealth through the steady rise in home values in the past few years.»

Bottom Line

Whether you are thinking about buying your first home or selling your current residence to buy the home of your dreams, let’s get together and discuss how the above numbers have affected our neighborhood’s prices.


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