With supplies falling and the repeat buyers beginning to dominate the market, the forecasts are for rising home prices in the coming months.
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Existing Home Sales surged 12 percent last month, closing 2010′s housing market with strength. An “existing home” is a home that cannot be categorized as new construction; a resale.
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As we move into 2011, housing is looking increasingly solid. Sales in all categories are improving over the past six months. Coupled with rising interest rates, it appears that buying a home in early 2011 will be cheaper than waiting until after the snow has melted.
Continue Reading →Existing Home Sales rose in March, as expected. The first time homebuyer tax credit continues to fuel higher sales figures.
Continue Reading →First time home buyers have been watching an ever-shrinking housing supply tick higher for months now. It’s made the most desirable homes turn into multiple offer situations in many markets.
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