Strength of The Housing Market

6 Graphs Showing the Strength of the Current Housing Market

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.
  • Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market.
  • With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move.

Risky lending practices were a major contributor to the subprime mortgage crisis, and there are now tighter restrictions on lenders and banks. As a result, the number of people unable to pay their mortgages has been in steady decline. This is also because consumers have better finances.  Read the full article here.

Real Estate is local.  However, if you are Curious about the Value of your home?  Click here.

For the Charlotte County Market Trends click here

For the months of Inventory in Punta Gorda? Click here.

For the median Sold Price in Burnt Store Isles, click here.