Recent
housing and economic reports predict we'll see solid spring home sales,
according to Jonathan Smoke, realtor.com®'s chief economist. Here are
some signs:
On home sales: Existing-home sales from January 2015 to January 2016 have grown 11 percent.
On home prices: Prices are moving up and most of that has been attributed to the limited number of homes for-sale.
On home prices: Prices are moving up and most of that has been attributed to the limited number of homes for-sale.
On mortgage rates: Low
mortgage rates are improving home buyer affordability, for now. The
30-year fixed-rate mortgage averaged under 3.7 percent in the latest
week
The
biggest negative trend impacting potential demand relates to the
January and February declines in stock values, which have taken a toll
on consumer confidence Also, the tight supply of homes for-sale could
also limit sales in the spring season. http://disq.us/9abndo
I agree with you. Thank you for sharing the update. It is interesting to have it discussed widely so that we can gain more objective opinions. Wilmington NC Real Estate | New homes for sale Wilmington NC
ReplyDelete