See the full report here for the ending of September 2nd, 2017.

“Market trends have remained steady for the last couple of years, which has allowed residential real estate to flourish in terms of sales activity and buyer demand. Even when total sales are not measuring forward in year-over-year comparisons, it is evident that the market is responding positively to wider economic indicators. Higher prices, fewer days on market and lower months of supply are all usual indicators of healthy activity.”

Source: CAR

See the full report here for the ending of August 26th, 2017.“Conversationally speaking, it has been a busy and exciting summer for residential real estate. Much has been said about low supply, higher prices and speedy sales, but the truth of the matter is that buyers are snatching up desirable homes no matter the trends. Good transactions are occurring with smart lending practices. Although more inventory would be useful, the market is finding a way to succeed.”

Source: CAR

See the full report here for the ending of August 19th, 2017.

“With each passing August day, fewer households with school-aged children are willing to embark upon a big move for fear of unsettling kids from the important routines that lay the groundwork for a good education. But savvy sellers and buyers know that there are good deals to be made in August and well into the school months, as household formations take on many shapes and sizes.”

Source: CAR

See the full report here for the ending of July 29th, 2017.

“A favorable economy has kept buyers active amidst a summer of stiff competition that has led prices upward and often over the asking price. The latest recorded national unemployment rate of 4.3 is historically low and has served as a general indicator of a strong economy. If wage growth shifts into overdrive from its current state of patient increases, we may see even higher prices or, conversely, more willingness by sellers to increase the inventory pool.”

Source: CAR

See the full report here for the ending of July 22nd, 2017.

See the full report here for the ending of July 8th, 2017.

“From a heart-of-summer perspective, the residential real estate market has performed as expected when predictions were made at the front of the year. Buyer interest is high and inventory is not at a proper level to meet demand. Total sales and new listings are generally behind last year’s levels from week to week, but there is evidence of improvement in both metrics.”

Source: CAR

Picture: Daniel Schwen *image was altered for internal use

See the full report here for the ending of June 17th, 2017.

“As Millennials get older and more established in their careers, more of them are entering the

housing market. Nationwide sales rose to the third-highest level since the housing crisis a

decade ago, while home prices also hit record highs. Although increasing prices may push

some out of the running for a home purchase, mortgage rates remain low enough to lure

potential buyers.”

Source: CAR

Picture: Daniel Schwen *image was altered for internal use

See the full report here for the ending of June 3rd, 2017.

“Whether or not new listings or total sales are up or down in week-to-week measures, there are two universal truths in residential real estate across the country at the moment: the market is quite active, and, thus, overall inventory is still trending downward compared to last year. That will likely be the case for the entirety of 2017, especially at the pace that homes are coming off the market.”

Source: CAR

Picture: Daniel Schwen *image was altered for internal use