Now Is The Time To Sell Your Home

The #1 Reason Not to Wait to List Your House for Sale | Simplifying The MarketMany industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the […]

Nassau County Absorption Rate

I’m sure you’ve heard that there is currently a scarcity of housing inventory virtually everywhere especially on Long Island in both Nassau and Suffolk Counties.  The statistic you possibly are NOT hearing about, however, is that there is a significant increase in activity, with many more homes going into contract than ever before. So to … Read more

Suffolk County Absorption Rate

I’m sure you’ve heard that there is currently a scarcity of housing inventory virtually everywhere especially on Long Island in both Nassau and Suffolk Counties.  The statistic you possibly are NOT hearing about, however, is that there is a significant increase in activity, with many more homes going into contract than ever before. So to … Read more

Homeownership Rate on the Rise to a 6-Year High

Homeownership Rate on the Rise to a 6-Year High | Simplifying The MarketRegardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below: This increase does not come as […]

Where Have All the Houses Disappeared To?

Where Have All the Houses Disappeared To? | Simplifying The MarketIf you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report […]