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Housing Market Updates

Boomerang Buyers

More Boomerang Buyers Are about to Enter the Market

We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that...
Many homeowners see drop in value

Many Homeowners See a Drop in Home Values Coming

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within...
Housing Inventory

Housing Inventory Hits 30-Year Low

Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their...
how long do families stay in their home

How Long Do Families Stay in Their Home?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure...
Millennial Homeownership

Millennial Homeownership Rate Increases

Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention...
Housing Shortage

Epic Housing Shortage Being Reported

The Joint Center of Housing Studies (JCHS) at Harvard University recently released their 2017 State of the Nation’s Housing Study. And a recent blog from...
existing home sales surge into summer

Existing Home Sales Surge into Summer [INFOGRAPHIC]

Some Highlights: Existing Home Sales reached their third highest mark this year in May. Inventory of homes for sale has dropped 8.4% since last year,...
New Construction

The Supply & Demand Problem Plaguing New Construction

Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale...
Buying is Cheaper Than Renting

Buying Is Now 33.1% Cheaper Than Renting

The results of the latest Rent vs. Buy Report from Trulia show that buying is cheaper than renting with a traditional 30-year fixed rate mortgage...
Are Home Prices Approaching Bubble Territory

Are Home Prices Approaching Bubble Territory?

As home values continue to rise, some are wondering,  "Are home prices approaching bubble territory."  Zillow just reported that: “National home values have surpassed the peak...

The TRUTH Behind the RENT vs. BUY Debate

In a blog post published last Friday, CNN’s Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index. The index examines...
Which Homes Have Appreciated The Most

Which Homes Have Appreciated the Most?

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual...