Whichever way you look at it, the real estate market is finishing strong as we wrap up 2013! According to a recent Bloomberg report, several market indicators are showing growth and gains, which is great news for home buyers and home sellers alike! Today, we’re going to share with you some of the highlights of this recent report. Happy holidays everyone! US Home Sales According to the Bloomberg...

As real estate experts, we’re always looking for market indicators to suggest whether the market is favoring sellers or buyers. We look at a variety of factors, including average list price,  median sales price and price per square footage. Another indicator we look at is the days that a home spent on the market before it ultimately sold. And if the latest data is any indication, this metric is...

Great news for interested home sellers throughout the country: The price for single-family homes has increased in 88 percent of the country’s cities! That’s according to third quarter data recently discussed in a Bloomberg article. Experts are saying that the increase is directly attributed to buyers competing for limited inventories as well as a decrease in available foreclosed...

Here’s another sign that the tide has turned on the national real estate market: US homes entering the foreclosure process fell to their lowest levels in 7 years during the 3rd quarter of 2013. This is tremendous news for interested home sellers because foreclosures have been pulling down median sales prices all across the country for the last few years. What’s more, the drop in...

Home prices in the United States have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. This is encouraging news for anyone hoping to sell their home soon. U.S. Home Prices Are On the...

The national housing market continues to show great gains lately, according to recent data from the Standard & Poor’s Case/Shiller home price index and other national sources. Despite some setbacks like rising mortgage rates, the housing market is on an upward swing. Just Consider These 3 Indicators: 1.) more sellers are listing their homes 2.) more lenders are approving loans 3.) more...

The National Association of Realtors recently released some data that is sure to be encouraging for anyone thinking about selling a home. Evidently, existing home sales increased for the second month in a row in May to a level that is significantly higher than last year. What’s more, median home sales prices saw double-digit year-over-year increases. All of this suggests that the national housing...

If you’re a current home owner who is wondering whether to enter the market, we’re here to tell you that now is a great time to do so! Here’s the top reason why home owners should list their home right now: Home prices are on the rise! NBC News recently reported that home prices have increased 7.7 percent in the year through June. Home buyers wanting to enter the market before prices...

The housing market is on the mend and is not as grossly out of whack as it has been in years past, according to a recent USA Today article. Evidently, housing markets across the country are reporting that more homes are coming on the market and asking prices are leveling out. This all means that the housing market is becoming increasingly stable, instead of an extreme buyer’s or seller’s...

More home builders are committing to projects across the nation, according to a recent Associated Press article. In May, home builders applied for permits to build single-family homes at the fastest rate in five years. This is a crucial improvement for the real estate market because it will help increase the available inventory of homes for sale, which has fallen short of the demand for such homes in...