Tuesday, October 25, 2022 / by Marty Gum
The Fall 2022 issue of Berkshire Hathaway HomeServices Prestige magazine is out now, featuring the luxury lifestyle topics that matter most. In this issue, we showcase breathtaking properties from around the world, uncover the trends shaping entertaining at home, catch up with celebrity designer Martyn Lawrence Bullard, explore a new trend for Italy’s real estate market, and much more.
http://www.luxurymedia.digital/publication/?m=34433&l=1 ...
Read More
luxury home
Tuesday, June 2, 2020 / by Marty Gum
Record Low Inventory and Record High Prices
This is your http://altosresearch.com/ data for Monday June 1, 2020 with the latest real estate analytics that came in over the weekend for the whole US. The headline for today is that the inventory of available homes for sale right now is at its lowest level ever and home prices have surged to their highest level ever. There are fewer homes on the market now than at any time since recording began. Altos Research was founded in 2006 and we’ve been tracking the US housing market in real time since then. As demand for homes continues to outpace supply of homes for sale, our available inventory keeps shrinking week over week. Normally June is when we reach peak inventory and transaction volume for the year. 2020 started the year, pre-crisis at the fewest homes for sale ever. Each January of course is normally the fewest homes on the market. Because of the sales rate this week, we dropped to only 719,000 single family homes for sale in the ...
Read More
home seller tips, luxury home
Tuesday, June 2, 2020 / by Marty Gum
As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come.
Making our way through the month of June and entering the second half of the year, we face an undersupply of homes on the market. Keep in mind, this undersupply is going to vary by location and by price point. According to the National Association of Realtors (NAR), across the country, we currently have a 4.1 months supply of homes on the market. Historically, 6 months of supply is considered a balanced market. Anything over 6 months is a buyer’s market, meaning prices will depreciate. Anything below 6 months is a seller’s market, where prices appreciate. The graph below shows inventory across the country since 2010 in months supply of homes for sale.Robert Dietz,&nb ...
Read More
home buyer tips, home seller tips, lake of the ozarks real estate market
Friday, June 28, 2019 / by Marty Gum
Some Highlights:
Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
Stock owners are more positive about real estate than stocks as an investment.
Of the 4 listed, real estate is the only investment you can also live in!
...
Read More
home buyer tips
Friday, June 7, 2019 / by Marty Gum
Some Highlights:
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
If you are ready and willing to buy your dream home, find out if you are able to! ...
Read More
home buyer tips