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Tag: National Home Prices

  • Young Buyers Returning to the US Housing Market En Masse

    Home Buying 6A key factor in the housing market recovery is returning to the national market en masse, much to the elation of housing market analysts.

    According to a recent Bloomberg article, more and more first-time home buyers are entering the market because they feel more confident about the economic recovery.

    Faster economic growth and a labor market that’s approaching “full employment” (according to the Federal Reserve) are aiding in that rise in confidence among first-time home buyers.

    Even if you’re not a first-time home buyer, this news is sure to benefit anyone who is navigating the national housing market right now.

    Fannie Mae Economist Makes Positive Predictions for 2015

    Douglas Duncan, a chief economist at Fannie Mae in Washington, made the following predictions about the year ahead:

    • There will be a 6.3 percent increase in mortgage lending for purchases this year.
    • This increase follows a 9.6 percent decrease in 2014.
    • Increasing confidence in the job market is the strongest indication that home sales will improve.

    Thomas Reuters Consumer Sentiment Poll Reflects Similar Optimism

    Recently Thomas Reuters partnered with the University of Michigan for a consumer sentiment poll and this is what they found:

    • Consumers expect an increase of 1.7 percent in their incomes in 2015, the highest since 2008.
    • Those under 45 years old expect the biggest gain at 4.7 percent.

    More Encouraging Factors From The National Economy

    Meanwhile, economic growth (bolstered by consumer spending as well as business investment) is increasing. In fact, the Commerce Department reported that the US grew by 5 percent in the third quarter, which is the fastest since 2003.

    The Fed said it expects the economy will expand between 2.6 percent and 3 percent in 2015, up from 2.3 percent to 2.4 percent in 2014.

    Plus, the economy added more than 2.7 million jobs in 2014, which is the most since 1999, according to the Bureau of Labor Statistics.

    And the jobless rate will average 5.2 to 5.3 percent, which is at the level last seen before the financial crisis.

    All of this job growth and creation means that the median household income in 2014 increased 1.6 percent to $53,880 through November. Experts say that rate should increase through 2015.

    Which Brings Us Back to the First-Time Home Buyer

    All of this growth and prosperity is driving young home buyers to the market. As they enter the market, more homes will change ownership, freeing up existing home owners to buy bigger and better homes.

    We’ve said it before and we’ll say it again: You need a regular stream of first-time home buyers to aid in the growth of any housing market. Thus, we’re thrilled that more and more first-time home buyers are coming back to the market.

    Your #1 Resource for Real Estate News

    We hope you found today’s news on first-time home buyers as encouraging as we did!

    Check back here soon for more valuable information on the current state of the housing market and how it may impact you as a buyer or seller.

  • Report: US Home Inventory Low, Making It a Great Time to Sell

    Home RelocationHappy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are!

    And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great price on your home right now.

    According to the recent report, US home sales recently hit a six month low, with inventory at a low point too.

    While this may seem discouraging at first blush, this actually suggests that those homes that are being sold on the market are being met with increased demand. After all, home buyers have a smaller selection of available homes to choose from than in recent months.

    The key to sealing the deal on your home for sale and getting a great price is expert marketing.

    A Closer Look at This Recent Real Estate Report

    Here are some of the highlights from the recent National Association of Realtors report:

    • Existing home sales decreased 6.1 percent to an annual rate of 4.93 million units.
    • That figure is the lowest it’s been since May
    • Meanwhile, home inventories reached an eighth month low.
    • Home sales were up 2.1 percent from a year ago during the month of December.
    • Meanwhile, the U.S. housing index was down 0.2 percent as shares in the largest homebuilder (D.R. Horton) decreased 0.4 percent. Lennar Corp fell 0.43 percent and Pulte Group decreased 0.19 percent.
    • Also, the inventory of unsold homes decreased 6.7 percent from a year ago, to 2.09 million.
    • At November’s sales pace, it would take 5.1 months to sell all homes currently on the market. A six month supply is usually considered a healthy balance between supply and demand.
    • The decreased supply of homes means that the median home price increased 5 percent from a year ago.

    Experts say that fickle wage growth as well as higher home prices have kept a lot of first-time home buyers out of the market.

    Still, experts also say that with job gains and wage growth expected in early 2015, more and more first-time home buyers are likely to enter the market in the coming months.

    In fact, during the month of November, first-time home buyers accounted for 31 percent of all transactions, which is the biggest share they’ve occupied since October 2012.

    For comparison purposes, first-time home buyers comprised 29 percent of all transactions in October.

    Expert Real Estate Marketing is Key to Selling Your Home

    As you can see, there is plenty of opportunity to get a good price on your home, you just have to make sure your home stands out to prospective and qualified home buyers.

    That’s where working with an experienced real estate agent can help. A professional will be able to create a custom-made marketing plan for your home that will maximize its exposure to the right buyers.

    This will ultimately lead to you getting your home sold in a relatively short amount of time and for a great price!

    Check back here soon for more expert insight on the national housing market and how it may impact you as a seller.

    Here’s to a happy and prosperous 2015 for you and your family!

  • 5 Predictions for the US Housing Market in 2015

    PredictionAre you a current home owner who is considering listing your property on the market in 2015?

    If so, then you’re likely to enjoy a lot of success!

    After all, Realtor.com recently released its top predictions for the housing market in the New Year. And all of them seem to favor home sellers.

    Let’s Take a Closer Look at National Housing Market Predictions

    Millennials will enter the market en masse. This is something the housing market has needed for the last couple of years: More Millennials entering the market as first time home buyers. And according to projections, that’s what you can expect in the New Year, with more than two thirds of household formation being credited to this demographic. Helping matters is the fact that about 2.5 million jobs are expected to be added next year, improving home buying power.

    There will be an increase in existing home sales. These sales are expected to increase 8 percent during the New Year. Meanwhile, as more people gain employment and increased incomes, distressed property inventory is expected to decline. All of this means a lower real estate inventory. This coupled with a surplus of buyers will create a seller’s market.

    Home prices will rise. This generally follows when housing inventory shrinks. In fact, prices are expected to increase by an average of at least 4.5 percent in the coming year. Thus, if you’re thinking about possibly selling your home, 2015 is likely going to be a good year for doing so.

    Mortgage rates will increase as well. For much of 2014, these rates have hovered around 4 percent and under. But with the previously mentioned factors and the Federal Reserve’s expected rate hike in the early part of 2015, residents can expect home loans to shoot up to 5 percent in 2015. If you have been thinking about re-financing, it makes sense to do it sooner rather than later since mortgage rates are likely to increase.

    Home affordability will decline. With all of these changes on the market expected, home affordability is projected to decrease by 5 to 10 percent. This will be driven by price appreciation, mortgage rate hikes and tighter housing inventory. Again, if you’re thinking about possibly selling your home, 2015 is likely to be a good year for home sales.

    See You In 2015!

    We hope that as a home seller, you’ve found the above predictions encouraging.

    We’ll be back in the New Year to discuss whether these real estate predictions come true and to revisit how they will impact buyers and sellers.

    For now, we hope you and your family have a happy holiday season!

  • More US Home Buyers Returning to Market Because of Easier Mortgage Rules, Stable Rates

    US Home Buying 2More and more home buyers are returning to the US housing market because they’re noticing favorable market conditions.

    Specifically, buyers are feeling more comfortable about navigating the market thanks to interest rate stabilization and easier mortgage rules, according to a recent article by Reuters.

    This is fantastic news for the overall health of the housing market. After all, it suggests that the national real estate market is likely to become more stable over time.

    Trends That US Home Buyers Should Be Aware Of

    According to the recent Reuters article, new home builders D.R. Horton Inc and Toll Brothers Inc. are seeing jumps in home buyer demand.

    And they’re not the only ones.

    In fact, new home builders everywhere are reporting improved home buyer enthusiasm, which has been a great relief to many of the companies after an underwhelming spring home selling season.

    And pre-owned home sales are also reflecting similar home buyer enthusiasm levels.

    Here’s what else the national home buyer should know about recent trends on the housing market:

    • Interest rates decreased in October to their lowest levels since June 2013
    • In fact, these interest rates are still considered to be at historic lows.
    • The Dow Jones U.S. home construction index increased about 4 percent this year so far. And this increase came after the index already doubled between January 2012 and January 2014.
    • Meanwhile, new proposed rules will allow buyers to purchase homes with down payments as low as 3 percent.

    The proposed rules are great news for first-time home buyers, who are a key part of any housing market recovery. In fact, some experts believe that the housing market recovery will speed up as soon as more first-time home buyers enter the market.

    And a faster housing market recovery is good news for everyone!

    Meanwhile, In Canada…

    The real estate market conditions in Canada are looking just as encouraging, with Canadian resale home prices continuing to rise in October.

    Prices were up 5.4 percent from a year earlier, which is right on par with September’s year-on-year gain.

    What’s more, October marked the 11th month in a row that the index has increased. Still, it should be noted that prices rose in only five out of the 11 metropolitan markets surveyed.

    Prices rose 1.2 percent in Vancouver and rose 0.5 percent in Calgary. Toronto saw prices decrease 0.2 percent.

    Your Central Source for Housing Market News

    Check back here soon for more valuable updates on the current state of the national housing market and how they may impact you as buyers and sellers.

    We pride ourselves on offering you relevant and reliable information that will help you make the best real estate decision possible for you and your family!

  • Excellent News for Home Buyers: US Prices Stabilizing

    Home Selling 6If you’ve been weighing whether now is the right time to enter the local housing market as a home buyer, we have some news to share with you that will help you decide.

    According to a recent report from real estate data provider CoreLogic, U.S. home price gains are slowing down, despite an increase during the month of August.

    This is great news for home buyers because it means that you have a fantastic opportunity to get a reasonable price on your next home before prices continue to rise!

    What Every Home Buyer Should Know About Recent US Housing Market Activity

    CoreLogic reported that home prices increased 6.4 percent in August when compared to last year.

    Still, that figure is actually down slightly from the annual gain of 6.8 percent in July.

    Here’s what else the recent housing market report revealed:

    • The increase in home prices is also down when compared to how much they had been rising toward the end of last year. During that time, prices were rising as much as 12 percent.
    • Home sales have been mostly stable throughout 2014, as have price gains.
    • All states showed home price gains during the month of August, save for Arkansas where prices were stagnate.
    • Home values rose 11.1 percent in Michigan, which led the pack. And values in California and Nevada came in second place with 9.2 percent.
    • In terms of specific cities, the Houston area saw home values increase 11.1 percent compared to the previous year. Los Angeles, Atlanta, Dallas and Riverside also saw large gains.
    • Home prices nationwide remain about 12.1 percent below their peak average in April 2006.
    • Home purchases decreased 1.8 percent to a seasonally adjusted annual rate of 5.05 million in August.
    • Home sales decreased from a July rate of 5.14 million.
    • Meanwhile, the pace of home sales dropped 5.3 percent year-over-year.
    • Experts say that an annual sales rate of 5.5 million is considered a healthy market.
    • Meanwhile, the median sales price has increased 4.8 percent over the last 12 months to $219,800, although that average dropped slightly during the month of August when compared to July and June.

    Experts say that most of any uptick in sales activity (and thus, values) on the national housing market would depend on wage growth. That’s because wages are currently neck-in-neck with inflation, making it hard for home buyers to increase in buying power.

    Still, there’s hope on the horizon:

    Although hourly wages have only increased 2.3 percent over the last 12 months, there are signs that that activity will pick up in 2015.

    Use Recent Activity on the National Housing Market to Your Advantage

    As you can see, the market has stabilized itself enough where you could purchase a home and get a pretty good return on your investment as values eventually continue to rise.

    So if you’re thinking about investing in real estate anytime soon, now is the time to do so!

    And be sure to check back here soon as we continue to discuss with you important real estate trends that impact you!

  • US Real Estate Market Sees 6-Year Home Sales High

    US Home SalesWe’re breaking records on the U.S. housing market!

    Evidently, during the month of August, national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department.

    This is incredible! That means that sales activity has returned to the levels it was pre-bubble burst. And this spells great success for anyone interested in listing their home on the market.

    A Closer Look at US Home Data

    According to Commerce Department figures, new home sales jumped 18 percent to a 504,000 annualized rate, which is the strongest it’s been since May 2008.

    Not only that, but this rate is even higher than the highest forecast made by a Bloomberg survey of economists.

    This one-month increase shattered a 22-year record. That’s because the last time the US housing market saw a one-month increase this big was 1992.

    Here’s what else the Commerce Department revealed in its report:

    • Economists surveyed in the Bloomberg report said the pace would increase between 405,000 and 455,000.
    • The median forecast of 74 economists was that the pace would increase 430,000.
    • The median sales price of a new house increased 8 percent year over year in August, to $275,600
    • Home purchases increased in three of four U.S. regions. The West led the group with a 50 percent jump.
    • The housing inventory (given the current sales rate) dropped to 4.8 months from 5.6 months in July.
    • There were 203,000 new houses on the market at the end of August.
    • Existing home sales decreased 1.8 percent to a 5.05 million annual pace last month. This occurred after existing home sales reached a 10-month high of 5.14 million in July.
    • Housing starts decreased 14.4 percent to a 956,000 annualized rate. This occurred after July’s 1.12 million pace was the strongest it’s been since November 2007.

    Canada Home Sales See Encouraging Numbers as Well

    • Canadian national home sales increased 1.8 percent from July to August.
    • Actual (not seasonally adjusted) activity were 2.1 percent above August 2013 levels.
    • The number of newly listed homes decreased 1.2 percent between July to August.
    • The MLS Home Price Index increased 5.3 percent in August when compared to last year.
    • The national average sale price also increased 5.3 percent in August when compared to last year.

    Moving The US Real Estate Market Forward

    Experts say that the housing market has been growing in fits and starts but that steady growth is what will be needed in the long-term to effectively stabilize the market.

    Still, home sellers can be encouraged by these recent numbers as they do demonstrate that the market is headed in the right direction!

    Check back here soon as we continue to watch the housing market, looking for trends that impact you as home buyers and sellers.

  • Report: Big Homes Are a Hot Trend on the National Real Estate Market

    US Construction Big homes are a big deal on the national housing market, according to a recent article in USA Today.

    Evidently, a growing number of home buyers are looking for larger homes to accommodate their every need and desire.

    In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 homes) had three or more bathrooms. That’s the largest share since tracking of new construction homes started in 1987.

    Meanwhile, 44 percent of last year’s total new homes (or 251,000 homes) featured four or more bedrooms – which is the largest share it’s been since 1973.

    These homes also tend to come with a lot more amenities:

    • 53 percent of the homes built last year (301,000) had a patio
    • 63 percent (361,000) had a porch
    • And 22 percent (127,000) had a deck

    It’s quite an interesting trend, especially given that at the same time, home ownership rates are remaining stable and the size of families and households is actually decreasing.

    Let’s Take a Closer Look At This Recent U.S. Trend

    Here are some recent real estate market statistics that will provide additional context on this trend:

    • The average square footage of new single-family homes in the United States jumped almost 57 percent to 2,598 in 2013, compared with 1,660 in 1973.
    • The Northeast boasts the second-highest average square footage, with that number jumping from 1,959 to 2,636 during that same time period. That’s an increase of 65 percent!
    • Meanwhile, the number of people actually living in these homes has continued to decrease. In fact, the average number of people per household in the US decreased from 3.01 in 1973 to 2.54 in 2013.
    • Specifically, families have decreased from 3.48 to 3.12 during that same time period.
    • As one might expect, bigger homes have caused a rise in the average sales price of new construction homes. In fact, that figure skyrocketed from $62,500 in 1978 to $324,000 in 2013.
    • The Northeast has the highest average sales price, which exploded from $63,000 in 1978 to $469,000 in 2013 – an increase of 646 percent.
    • Even within the short time frame of 2012 to 2013, sales prices still showed huge increases. For instance, the average sales price of newly built single-family homes jumped 20 percent – from $292,000 in 2012 to $324,000 in 2013.

    Yet the income levels of individuals are not keeping pace with these bigger (and more expensive) homes. For instance, the median income in the US increased by 9 percent from 1978 to 2012 – from $56,975 to $62,241.

    And the home ownership rate continued to decrease – from 65.4 percent during the fourth quarter of 2012 to 65.2 percent during the fourth quarter of 2013.

    Experts say that those people in the higher income levels that are more active on the housing market. Maybe that’s why all-cash sales accounted for 42.7 percent of all U.S. residential property sales during the first quarter of 2014, up from 20 percent during the first quarter of 2011.

    What Do You Make of This Recent Real Estate Trend?

    We would love to hear your thoughts!

    We certainly think that all of this market activity will have an overall positive impact on the U.S. real estate market.

    For now, be sure to check back here soon for more valuable and up-to-date information that may impact you as a buyer or seller.

  • Report: Bigger is Better for National Home Buyers

    US New Home ConstructionThe sluggish housing market over the last several years did not have an impact on Americans’ desire for bigger and fancier homes, according to a recent report from USA Today.

    Evidently, demand continues to grow for these large estates, especially as the housing market across the nation improves.

    This is a fascinating trend on the national housing market and one that is sure to impact both home buyers and sellers.

    Americans Love to Own Large, Luxury Homes

    The American Dream of owning a bigger and better home is still very much alive across the country.

    In fact, as the recent USA Today article noted, many of today’s buyers still want a house that includes as many luxury amenities and features as they can think of – or at least afford.

    This may include gourmet kitchens, deluxe bathrooms, spacious decks or screened-in porches.

    While this is occurring, experts also note that homeownership rates have remained mostly stagnant. And income growth appears to be lagging behind the rising price of homes.

    Meanwhile, the size of families and households continues to shrink, even though the houses themselves are getting bigger.

    Experts say that this is because Americans still love the idea of owning a home that makes a statement about them, that demonstrates their status in society.

    A Closer Look at This Housing Market Trend

    Here is some relevant data on this housing market trend, based on US Census data:

    • The average square footage of newly built single-family homes in the U.S. jumped by nearly 57 percent, from 1,660 in 1973 to 2,598 square feet in 2013.
    • The Northeastern region of the country had the second-highest average square footage, which rose by 65 percent. Specifically, the square footage jumped from 1,959 to 2,636.
    • Meanwhile, the average number of people per household in the U.S. dropped from 3.01 in 1973 to 2.54 in 2013.
    • Specifically, families fell to 3.12 members from 3.48 during the same period of time.
    • As a result of the construction of larger homes, the average sales price of newly built single-family homes in the U.S. skyrocketed by 419 percent from $62,500 in 1978 to $324,500 in 2013.
    • Even if you consider inflation, that still quite a jump, experts say.
    • The Northeast is home to the highest average sales price, which increased by 646 percent from $63,000 in 1978 to $469,000 in 2013.
    • Between 2012 and 2013 alone, the average sales price of newly built single-family homes in the U.S. jumped by 20 percent: from $292,000 to $324,500.
    • Meanwhile, the U.S. homeownership rate continued to drop during the fourth quarter of 2013: from 65.4 during the fourth quarter of 2012 to 65.2 percent.

    So What Do Home Owners Get With These Newly Built Homes?

    A better question is: What don’t they get?

    Here’s a breakdown of these new construction homes and what they offer to buyers:

    • Of the 569,000 homes built last year throughout the U.S., 188,000 (33 percent) contained three or more bathrooms.
    • Meanwhile, 251,000 (44 percent) of last year’s houses featured four or more bedrooms, which is the largest share since 1973..
    • Also, of the homes built last year, 301,000 (53 percent) came with a patio.
    • And 361,000 (63 percent) featured a porch.
    • Meanwhile 127,000 (22 percent) included a deck.
    • Another trend that experts are seeing is more finished basements for added space, according to the report.
    • These homes have mostly hovered around one and two stories, however, despite the increase in size. In fact, 233,000 (41 percent) of newly built homes last year were one story and 305,000 (54 percent) were two stories. Meanwhile, only 31,000 (5 percent) were three stories or more.

    Follow Our Blog for More Valuable National Real Estate Data

    Check back here soon for more pertinent information on the housing market and how it may impact you as a buyer or seller.

    We’ve made it our goal to help you stay informed as you navigate the market. After all, the better informed you are, the better prepared you are for securing a successful outcome on the housing market.

  • US Home Sales See Second Consecutive Month of Increases in May

    US Home SalesOne month of positive real estate sales is encouraging, but sometimes it can be a fluke.

    That’s why we’re always so thrilled when positive numbers one month carry over into the next month.

    And that’s just what we saw with the recent release of May sales numbers.

    According to a recent USA Today article, existing home sales increased for the second straight month in May, increasing to their strongest rate since the fall.

    More Details Emerge About the Current State of the US Housing Market

    Here’s what the most recent data from the National Association of Realtors revealed: Sales of existing single-family homes, townhomes, condos and co-ops reached a seasonally adjusted annual rate of 4.89 million, which marks a 4.9 percent increase from April’s rate of 4.66 million.

    This was the highest monthly percentage gain since August 2011!

    And this wasn’t the only indicator that the market is improving. In fact, metrics across the board hinted at growth on the national housing market:

    • Sales prices also showed marked increases. Specifically, the median existing home price was $213,400 in May, up 5.1 percent from a year earlier.
    • Meanwhile, sales of homes priced at $1 million and above increased everywhere but the Midwest
    • Total housing inventory at the end of May increased 2.2 percent to 2.28 million existing homes available for sale. That’s 6 percent higher than a year ago.
    • At May’s sales rate, there’s a 5.6-month supply of homes for sale, which is close to the 6-month inventory that’s considered a balanced market between buyers and sellers.

    Of course, some obstacles still remain on the market.

    For instance, sales are still weaker than they were a year ago, when the annualized sales rate was 5.15 million.
    And through May, sales were down 8.2 percent from the first five months of last year.

    What’s more, the market continues to be difficult for those home buyers with modest financial resources, particularly first-time buyers. Consequently, these home buyers’ share of sales decreased to 27 percent in May, down 2 percent from April 2013.

    And although single-family home sales rose 5.7 percent from April, they’re also down 5.7 percent from a year ago.

    Still, real estate experts across the country remain optimistic.

    They agree that at least three factors will continue to encourage growth and improvement on the national housing market:

    • More homes are being listed on the market
    • Home prices are rising more slowly than in 2013
    • Mortgage rates have declined recently

    All of these factors will drive more and more home buyers to the market, further encouraging a healthy and stable real estate market.

    Count on Us for Reliable National Real Estate Data!

    We hope you ‘ve learned something useful about recent  national real estate trends and how they may affect you locally.

    Check back here on July 15 as we continue to provide you with useful and up-to-date housing market information that is relevant to you!

  • US Home Prices Rose 11 Percent from Last Year, Report Shows

    House sold signFrankly, it’s hard not to feel encouraged and optimistic about the real estate market these days.

    Everywhere you look, positive real estate trends are popping up, further emphasizing that the worst days of the economic recession are in the rear view mirror now.

    And here’s another recent nugget of good news: Home prices all across the country increased 11.1 percent in March 2014 when compared to the same time last year. And that’s including distressed sales.

    More Relevant Data for US Home Sellers

    According to the latest published data, the 11 percent home price increase in March represents 25 months of consecutive year-over-year increases in national home prices.

    That’s incredible. That means that the housing market has been in the process of recovering for more than two years.

    Here’s what else you should know about recent activity on the real estate market:

    • Between February and March, national home prices (including distressed sales) increased 1.4 percent.
    • When you exclude distressed sales, national home prices increased 9.5 percent from March 2013 to March 2014.
    • And month-to-month (from February to March), home prices increased 0.9 percent when you excluded distressed sales.
    • Experts say that when they included distressed sales, home prices were still 16 percent below peak levels. When you exclude distressed sales, prices were down 11.6 percent from the peak.

    Experts say that there continues to be an imbalance of home buyers and sellers. Specifically, there are more interested home buyers than there are available homes.

    This will continue to drive up home prices, they say.

    Those States with Best, Worst Real Estate Trends

    Experts also identified those states that saw the greatest home price increases when they included distressed sales:

    • California: Up 17.2 percent from March 2013
    • Nevada: Up 15.5 percent during that same period

    Meanwhile, when it came to home price changes from February to March, 42 states and the District of Columbia showed increases. In that instance, Mississippi saw the largest month-over-month gains with 3.2 percent, followed by Alaska with a 2.3 percent month-over-month home price increase.

    Experts also reported that Colorado, the District of Columbia, North Dakota, South Dakota, Texas and Wyoming all climbed to new peaks in home prices. And Louisiana is approaching peak index levels also.

    On the other hand, the state that remained farthest away from its peak values was Nevada, which remained at 39.9 percent below its 2006 peak despite recent gains. Florida followed at 36.3 percent below peak values.

    Providing You With All the Real Estate Updates You Need

    Check back here soon for further updates on the current state of the national housing market, which will help you determine how recent activity may affect you as a home seller.

    We are happy to provide this useful data to help make navigating the market as easy as possible for you and your family!