MRED Blog
REinventing MLS
7 Graphs that Prove the Real Estate Market is Back! [Infographic]
Infographic via KCM Blog
Sales Up in almost Every Price Range
The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-6%). Every other category showed a minimum increase of at least 9.7%.
Here is the breakdown:
What does that mean to you if you are selling?
Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, perhaps it is time to sit with your agent and see if it is priced appropriately to compete in today’s market.
Blog post via KCM Blog
MRED’s Weekend Watch
Did you know MRED Training just introduced MRED Express? Learn about that and more in this week’s publication of the Weekend Watch.
NAR’s November Existing Home Sales Report [Infographic]
![NAR's Existing Home Sales Report [INFOGRAPHIC] | Keeping Current Matters](https://i0.wp.com/www.keepingcurrentmatters.com/wp-content/uploads/2014/11/NARs-Existing-Home-Sales-Report.jpg)
Infographic via KCM Blog
Freddie Mac: Buy Sooner Rather than Later
In a recent video update on the housing market, Frank Nothaft, Freddie Mac’s chief economist, stated that with both mortgage interest rates and home prices projected to increase in 2015 buying now makes sense.
“If you are planning to buy a home in the next year, it’s better to do it sooner rather than later.”
Here are the latest mortgage interest rate projections from four major housing entities: Fannie Mae, Freddie Mac, the Mortgage Bankers Association (MBA) and the National Association of Realtors (NAR):
Thinking of Selling & Moving Up?
This advice isn’t limited to just the first-time buyer. If you are considering moving up to the home your family has always wanted, waiting also makes no sense.
Blog post via KCM Blog
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