May 2016 – Page 3 – Treece Team

Housing Inventory Disappearing

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. Inventory Levels & Demand Sales of existing homes rose 5.1% month-over-month in March and are 1.5% higher [...]

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

By Pam Treece|2020-05-15T13:37:15-07:00May 2nd, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that: "The housing market has bottomed. It's not too late to get involved. I still think [...]