Where Is The Housing Market Going Next?

Mortgage , ,
There are many people wondering where the housing market is going next. While interest rates might be low, attracting a lot of buyers, there are some potential homeowners who are concerned about the current demand in the housing market. This could be driving up home prices, causing some people to pause. Furthermore, some people might be hesitant to sell because they are worried they might have a hard time finding a new home in the current market. What do the experts have to say? Homes Might Start To Sell Faster As the weather begins to warm up, the traditional moving…
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Rising Sales Prices Are Excellent News For Homeowners Across America

Housing Analysis , ,
The National Association of REALTORS® released its monthly Existing Home Sales report on March 21 and gave investors and home sellers something to cheer about.  While February sales of existing homes didn't meet investor forecasts of 5.00 million homes sold on a seasonally adjusted annual basis, the actual number of existing (previously owned) homes came close at 4.98 million homes sold. This number surpassed January's revised reading of 4.94 million homes sold by 0.8 percent. Sales of existing homes comprise approximately 85 to 90 percent of homes sold in the U.S. Investors watch existing home sales for evaluating housing markets…
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