The June 2019 housing report uses the numbers for May 2019. While June 2019 home sales increased slightly, the median sales price surged 6.7% from June 2018 to be $276,000.00. Having 44 days as average time on market, which is actually up 3 days from June 2018. The total number of homes for sale ... » Learn More about June 2019 RE/MAX Housing Report
Home Ownership
Credit Scores Go up
Survey: Consumers grasp of credit is the lowest it’s been in eight years - however the number of individuals who think they understand how credit scores work went up. Congratulations, America. Credit scores nationwide are going up. Having said that, understanding of how credit works is ... » Learn More about Credit Scores Go up
Land a Home Despite a difficult Market
Jonah Leff felt good with regards to the third offer he put on a house in Washington, D.C. The home was renovated just enough but had some of its original features and character that Leff, 43, and his wife loved. Their bid was $35,000 higher than the asking price. Land a Home Despite ... » Learn More about Land a Home Despite a difficult Market
Gap Widens
Home buyers have found fewer homes for sale that are meeting their price expectations. 50 % of all home buyers say they’re trying to find a home priced under $288,000. But that's 9.1% below-or $27,000 less--than the median list price of on the market homes, a new realtor.com® study finds. “The price ... » Learn More about Gap Widens
Mortgage Rates Fall – 30-Year at 3.73%
U.S. long-term mortgage rates fell this week. It was actually the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016. Mortgage Rates Fall – 30-Year at 3.73% U.S. long-term mortgage rates fell this ... » Learn More about Mortgage Rates Fall – 30-Year at 3.73%