This has been an encouraging year with inventory levels rising throughout the first part of the year, but they fell 4.4% in July 2019 compared to July 2018. Falling inventory...Read More
1. New home construction isn’t keeping up with demand The 50-year annual average new housing starts is 1.6 million… housing starts in 2019 will total about 1.3 million Shortages of...Read More
The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest...Read More
After nearly a year of inventory growth, total homes for sale fell below last year in June 2019. At least it was only 1.3% below June 2018. It should then...Read More
After years of falling inventory it is refreshing to see nine straight months where total inventory is more rather than less than the prior year. Granted, May 2019 was only...Read More
from my blog at Keeping Current Matters A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of...Read More
There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been...Read More
Median sale price continued its steady monthly upward climb in April 2019, rising 5.2% over last year but also below the 9.0% rise from 2017 to 2018… possibly a sign...Read More
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