Monthly Archives: August 2016
Home Purchase Sentiment Skyrocketing to New High
Fannie Mae’s Home Purchase Sentiment Index is a unique thumb on the pulse of the U.S. housing market, and reached an all-time high in May of 2016. 7 percent of consumers reported their income was higher than 12 months before, indicating income growth for buyers nationwide. 5 percent of consumers believe that home prices will... Read More
With Low Supply, Homes Selling Fast
Real estate buyers should be prepared to move quickly in our current market, with properties selling an average of a week faster than this time last year. Limited inventory is driving today’s real estate market. The supply of properties for sale is 38 percent lower than the high we saw in 2011, and 5 percent... Read More