Article by: Simplifying the Market™Originally Published: August 10, 2018, 10:00 am Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the 6-month […]
Supply & Demand Will Determine Future Home Values
Article by: Simplifying the Market™Originally Published: August 9, 2018, 10:00 amWill home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is […]
Are Lending Standards Propping Up Home Prices?
Article by: Simplifying the Market™Originally Published: August 2, 2018, 10:00 amBack in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages […]
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