It can be hard to get a grasp on what is happening in the housing market with the constant news updates about home sales, mortgage rates, and prices.
Monthly housing reports can be volatile and can give a skewed view of where things are. They can also confuse and discourage potential home buyers. But you shouldn't get down on yourself if you feel like you aren't sure if now's a good time to buy or sell a house. Instead, take a long view of the market to help put things in perspective. For example, recent research from Freddie Mac shows that sales of previously owned homes are up 2.1 percent so far this year and on pace for their best year since 2007. Mortgage rates are still historically low and expected to stay that way through the end of the year. And home prices continue to push upward – mostly due to the fact that, in many markets, there are fewer homes for sale than is typical. All in all, this means, heading into fall, the housing market will likely continue to see higher home prices being balanced by low mortgage rates.
But, though affordability conditions may not change dramatically one way or the other, there will still be fewer homes for buyers to choose from – which means you'll want to be ready to move quickly this fall, even if the market is less competitive than it was during the summer.
Author:Tim Stoll Phone: 214-868-2959 Dated: September 6th 2017 Views: 365 About Tim: It’s hard to find another real estate agent in Dallas who is as hard working, honest, experienced ...
View our latest blog posts in your RSS reader. Click here to access.
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
"I had dealt with realtors in the past and always felt like the extent of their effort was to simply post my home on MLS, throw a sign in the yard and call it a day. Steven went above and beyond with numerous open houses, constant recommendations of improvements (that were reasonable), and during negotiations gave sound advice all the while representing ME. I never doubted for a second that he had my best interest in mind. And while Steven has reinstalled my hope that there are "great" realtors out there I will never know because I refuse to go with another one to this day. He assisted me in finding a rental property quickly that met my needs, and let me tell you that's no small order. I will use him in the purchase of my next home and so long as Steven Powell is in the industry and in the area he will always have an advocate in me."