What Does Average Price For Sale & Sold graph mean?

• Average Price For Sale is the average of list price of the properties for sale in a particular month. Average Price Soldis the average of sold price of the properties sold in a particular month. Displaying both Average Price For Sale and Average Price Sold line charts in a graph portrays the relationship between on and off market
[...]

 

Are We Heading Towards Another Housing Bubble? NO!  Watch the video

One of the causes of the housing bubble 10 years ago was the increase of housing inventory to a 10-12 month supply. This over supply caused prices to fall. Today we have a 4.4 month supply of homes for sale, nowhere near the amount we had pre-bubble! Let's get together [...]

24 Hours that Suddenly Improved the Market!

What happened to turn around the downward momentum in the market?

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for [...]

  Redfin: Housing inventory accelerates to 3-year high While inventory rises 5%, sales retreat 8% In November, housing inventory climbed 5%, marking its fastest growth in the last three years, according to new data from Redfin. Last month, U.S. home sale prices rose 3.3% year-over-year, coming in at a median of $298,800. In fact, [...]

We had the pleasure of meeting with the Directors of our London Affiliate, Mayfair International Realty in Venice, Florida at Gran Paradiso, a beautiful gated community.  It was a pleasure to hear from Nick and Annette. [...]

  The simple answer is - The Best time to sell your home is when it is right for you.  Click Here for a Video All through the year, homes are being bought and sold, so put your home on the market when you are ready. You have to evaluate why you want to sell, where do you plan to move to, and review a time frame with your Realtor.  The [...]