Monday, January 30th, 2017

For Week Ending January 21, 2017 The number of existing homes sold in 2016 was 5.4 million, which exceeded the 5.25 million sold in the previous year and is now the highest in a decade. Declining inventory and affordability are … Continue reading

Posted in Weekly Report |
Monday, January 23rd, 2017

For Week Ending January 14, 2017 In winter, it is not uncommon for housing starts to tail off, but 2016 closed on an uptick and became the best year for housing starts since 2007. Granted, multifamily homes have been driving … Continue reading

Posted in Weekly Report |
Monday, January 16th, 2017

For Week Ending January 7, 2017 If predictions hold true – a continuing inventory crunch, moderate price gains, higher mortgage rates – 2017 will likely be in favor of the seller. On the other end of the spectrum, deals may … Continue reading

Posted in Weekly Report |
Monday, January 9th, 2017

For Week Ending December 31, 2016 At the outset of 2017, we are watching for upward movement in some of the same areas that we were watching in 2016. Inventory remains a key metric, as continued decreases may push out … Continue reading

Posted in Weekly Report |
Monday, January 2nd, 2017

For Week Ending December 24, 2016 As we look toward 2017, the entirety of the U.S. housing market has never been worth as much as it is right now. Housing stock value grew to $29.6 trillion in 2016, regaining all … Continue reading

Posted in Weekly Report |

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