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Guess Where Residential Rents are Heading?
Each month, many people are faced with the decision of renewing their rental lease for another year or purchasing their first home. One of the questions that must be answered before they make a decision is – “Where are rents headed?”
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5 Reasons You Shouldn’t For Sale By Owner
In today's market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
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Today Kicks Off National Homeownership Month!
National Homeownership Month actually started as a week-long celebration of homeownership during the Clinton administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month. Here is an excerpt from his proclamation: Buyer Demand Exceeds Housing Supply [INFOGRAPHIC]
Some Highlights:
Inventory Levels are still below the 6.0 month level necessary for a normal market
Home Prices have experienced year-over-year gains for 38 straight months
Home sold faster than any time since June 2013, in just 39 days
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