January 2017 – Page 3

Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories

By Pam Treece|2017-01-04T11:00:28-07:00January 4th, 2017|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure.Homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, showing that November was an excellent month for home sales in this price range.But surprisingly, the [...]

Inadequate Inventory Driving Prices Up

By Pam Treece|2017-01-03T11:00:44-07:00January 3rd, 2017|Categories: For Sellers, Housing Market Updates, Pricing, Real Estate|

The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.Year-over-year inventory levels [...]

Here’s to a Wonderful 2017!

By Pam Treece|2020-05-15T13:37:08-07:00January 2nd, 2017|Categories: Real Estate, Uncategorized|

We hope 2017 is a great year for you, both personally & professionally.