Monthly Archives: August 2017
Homeownership Outpacing Rental Market
At 63.7 percent, the homeownership rate is almost a full percentage point up from last year at this time, according to the U.S. Census Bureau’s Quarterly Housing Vacancies and Homeownership report. With homeownership ahead of renter households for the first two quarters, it is clear that the trend toward owning a home is not a... Read More
High Asking Prices Aren’t Scaring Buyers Away
Even with record breaking asking prices nationwide, home sales are still on fire this summer. Listings are moving 6 percent faster than they did in July of last year. In July, princes were 10 percent higher than one year ago, with the national median sale price at $275,000 and the national median days on market... Read More