Some Highlights: The National Association of REALTORS® recently surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in […]
Browsing Category: Infographics
First Time Home Buyers / For Buyers / For Sellers / Housing Market Updates / Infographics / Move-Up Buyers
Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, […]
Buying Myths / Down Payments / First Time Home Buyers / For Buyers / Infographics / Interest Rates / Move-Up Buyers
Home Buying Myths Slayed [INFOGRAPHIC]
Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fall.
First Time Home Buyers / For Buyers / For Sellers / Housing Market Updates / Infographics / Move-Up Buyers
A Tale of Two Markets [INFOGRAPHIC]
Some Highlights: A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices! Inventory continues to rise in the luxury & premium home markets which is causing […]
First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers
VA Loans by the Numbers [INFOGRAPHIC]
Some Highlights: Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership. In 2017, $188 billion was loaned to veterans and their families through the program. VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.