Treece Team Blog2020-05-15T13:36:35-07:00

Treece Team Blog

Median Days on the Market Drops to 34! [INFOGRAPHIC]

By |December 1st, 2017|Categories: For Buyers, For Sellers, Infographics, Real Estate|

Some Highlights: The National Association of REALTORS® surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 [...]

The Real Reason Home Prices are Increasing

By |November 30th, 2017|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who [...]

2 Charts That Show the Truth about Home Affordability

By |November 29th, 2017|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate, Rent vs. Buy|

There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that [...]

Low Interest Rates Have a High Impact on Your Purchasing Power

By |November 28th, 2017|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate|

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure when buying [...]

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

By |November 24th, 2017|Categories: For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of [...]