Buying a Home

Oct. 3, 2017

Struggling to Recognize a Normal Market?

For those who prefer an article in a Twitter-like format – supply is still constrained, demand appears to be slowing (is this seasonal or an actual decrease?) and we are in the midst of a very “normal” market.  For those who prefer details, continue on. 

The problem with ...

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Sept. 11, 2017

Supply remains low. Will demand follow?

Low supply has stubbornly remained the major theme of the housing market for the last three years.  In fact active counts of homes for sale were lower in only 4 years (2004, 2005, 2012, & 2013).  In 2004 & 2005 “the bubble” was underway with heady demand voraciously ...

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April 7, 2017

The Supply and Demand Seesaw

The spring buying season is now underway and the current numbers seem to confirm the early signals of 2017.

 

New listings to market are tracking almost exactly with 2016.  While this would seem to be good news for supply starved buyers – after all it is 6% more ...

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Nov. 2, 2016

Historic Mortgage Rates

Seeing historic highs and lows put today's rates in perspective.

Posted in Buying a Home
Sept. 8, 2016

September Market Update

As we enter the last quarter of the year, we begin reflecting on how 2016 has compared to 2015.  It has been a remarkably similar year to 2015 – with only some minor variations.

The biggest challenge of the 2016 market has been the intensely low inventory in the ...

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Aug. 11, 2016

Home Values

As we have discussed in previous articles, the 2016 market has fragmented in to 3 very distinct markets – based almost exclusively on price.  Understanding the supply/demand equation in each of these price points will guide savvy sellers and agents as to the strategies best suited to that ...

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May 6, 2015

Demand Is Back to Normal (whatever Normal is?)

After a year and a half of the real estate market being in the doldrums – low supply and low demand – demand has fully corrected. In fact, demand is now in a “normal” range.  Supply however, has failed to follow.  In fact supply is down about 15 ...

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April 21, 2015

The Frenzy Begins

The early suspicions that 2015 might actually see an increase in demand are finally proving to be fact.  In real estate, improvement in a market goes from the bottom up, rather than from the top down.  This means that to stimulate a market place (i.e. see price ...

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Feb. 2, 2015

The Early Clues

2015 is now underway and all eyes are searching the horizon for signals foretelling this year’s real estate trends.  Will 2015 differ from 2014, or will history repeat itself?  Trends by their nature involve time.  So attempting in February to predict the market of 2015 is a ...

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