The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS(NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market … [Read more...]
Where Are Home Prices Headed Over the Next 5 Years?
August 15, 2016 by Leave a Comment
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment … [Read more...]
3 Reasons to Buy Luxury Property THIS Year!!
June 30, 2016 by Leave a Comment
The housing market is hot, with prices rising as demand far outpaces supply in almost every region. However, when it comes to luxury real estate, things are quite different. In the upper-end market, inventory is plentiful in most locations. For that reason, prices haven’t … [Read more...]
Thinking of Selling? 5 Reasons You Shouldn’t FSBO
June 27, 2016 by Leave a Comment
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of … [Read more...]
Hurry Up and List Your House TODAY!!
June 27, 2016 by Leave a Comment
That headline might be a little aggressive. However, as the data on the 2016 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The May numbers are not in yet, but the April numbers were … [Read more...]
Wall Street Journal: Housing Recovery Picks Up Steam
June 5, 2016 by Leave a Comment
Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article … [Read more...]
Cost Across Time [INFOGRAPHIC]
July 24, 2015 by Leave a Comment
![Cost Across Time [INFOGRAPHIC]](http://www.concentricrealty.com/wp-content/uploads/2015/07/20150724-Cost-Across-Time-KCM-1024x791.jpg)
Some Highlights: With interest rates still around 4% now is a great time to look back at where rates have been over the last 40 years. Rates are projected to go up a full percentage point by this time next year according to Freddie Mac. The impact your interest rate … [Read more...]
Home Sales Will Remain Hot This Summer
July 24, 2015 by 4 Comments
People always talk about the “spring buying season” when they talk real estate. However, this year it appears as though the summer real estate market will be just as hot. The most recent Foot Traffic Report released by the National Association of Realtors (NAR) revealed … [Read more...]
Homeownership Still a Great Investment
May 9, 2015 by Leave a Comment
Four recent news articles confirmed that most Americans still see real estate as a great long term investment. The Gallup organization polled the American people and discovered that they believe that real estate is a better long term investment than stocks/mutual … [Read more...]
Location, Location, Location!
March 16, 2015 by Leave a Comment
A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their … [Read more...]
