Saturday, February 25, 2017 / by Pete Mealy
Platinum Living Realty Blog
Monday, August 25, 2014 / by Natasha Tomlinson
News You Can Use August 22, 2014
Monday, August 25, 2014 / by Natasha Tomlinson
Soft Housing Market.. We Beg To Differ!
There are some pundits lamenting the softness of the 2014 housing market. We can’t understand why. Though it is true that the early part of the year disappointed because of a myriad of reasons (ex. weather, lack of inventory, less distressed sales), the recent housing news is extremely encouraging. Let’s give some examples:
Spring Home Buying Season is Healthiest in 3 Years
Move, Inc. just last week revealed that this spring’s housing market finished stronger than any time in the last three years. In the report, Jonathan Smoke, chief economist for realtor.com explained:
"This is the first time, since the beginning of the recovery that we expect to see positive momentum throughout the second half of the year. While seasonal patterns are emerging in July month-to-month comparisons, all other metrics point to fundamental market health and a build-up of momentum."
Existing Home Sales are Up
In their latest Existing Home Sales Report, the National w ...
Monday, August 25, 2014 / by Natasha Tomlinson
Selling Your House? 5 Reasons to do it NOW!
1. Demand is Strong
There is currently a pent-up demand of purchasers as many home buyers pushed off their search this past winter & early spring because of extreme weather. According to the National Association of Realtors (NAR), the number of buyers in the market, which feel off dramatically in December, January and February, has begun to increase again over the last few months. These buyers are ready, willing and able to buy…and are in the market right now!
2. There Is Less Competition Now
Housing supply is still under the historical number of 6 months’ supply. This means that, in many markets, there are not enough homes for sale to satisfy the number of b. ...
Saturday, August 2, 2014 / by Natasha Tomlinson