The news of job growth, super low unemployment, and a thriving real estate market are all signs pointing to a strong economy. However, there is also an undercurrent of fear...Read More
The board of directors of the National Association of Realtors (NAR) voted last month (11-11-19) to ban the controversial practice of “off-market” and “pocket listings”… so named because listing agents...Read More
New listings rose in October 2019, but so did sales… resulting in a drop in months supply in all price ranges over $150,000. With a balanced market considered to be...Read More
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections...Read More
Inventory fell again in September 2019, 5.6% compared to last year. But what strikes me most about the chart above is how the inventory arc is different this year… it...Read More
I have been thinking about writing this post for about a month, and now I realize why I should have written it about a month ago! Fall is a great...Read More
Inventory fell 5.5% in August 2019… the second month in the last twelve that inventory has fallen rather than risen over the previous year. New listings fell 2.0% while pending...Read More
It seems one of the first questions I get when I meet with new clients these days is about whether the market is going to fall again like it did...Read More
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