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Housing Market Slowing Down? Don’t Tell Builders!

By |2016-08-24T10:00:53-07:00August 24th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007.The latest estimates from the US Census Bureau and Department of Housing and [...]

New Home Sales Up 25.4% Last Month!

By |2016-08-03T10:00:20-07:00August 3rd, 2016|Categories: For Sellers, Housing Market Updates, New Construction, Real Estate|

According to the latest Census Bureau Report, sales of newly constructed homes soared to new heights in June to a seasonally adjusted rate of 592,000. This marks the highest annual rate in 8 years. Trulia’s Chief Economist, Ralph McLaughlin had this to say:“New home sales jumped sharply in June, and marked the best month since February [...]