The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry [...]

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that [...]

A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: â€śAll indicators point to this spring being the busiest since 2006.”

Now, Freddie Mac has doubled down on that claim and is saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March Housing Outlook Report, Freddie [...]

Some Highlights:

• 24% of all recent home buyers were single at the time of purchase.
• 47% of single men cite the desire to own a home of their own as the primary reason to buy.
• 18% of first-time buyers were single women.