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Buyer Demand Remains High, but Supply Remains Low
Existing-home sales have been sluggish for most of the year, and the trend continued into May. For the second month in a row, existing-home sales were down; every region save the Northeast experienced declining sales activity. With 5.43 million homes sold in May, sales dropped three percent year over year.
Harder to Buy
The increase in mortgage rates this past spring contributed to the decline, as did a rise in existing-home prices, which reached an all-time high of $264,800. These two factors impacted housing affordability, leaving some buyers unable to enter the housing market. In addition, competition among entry-level listings intensified... Read More
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Hardscapes Can Add Value
to Your Home
Outdoor hardscape projects add resale value to a home and bring extra enjoyment to the homeowners who are living there, according to the Remodeling Impact Report: Outdoor Features by the National Association of Realtors (NAR) and the National Association of Landscape Professionals (NALP).
The report confirms that investing in landscaping and hardscaping is a win-win, whether you plan to stay in your home or prepare it for market.
"This report validates that outdoor remodeling and landscaping improvements are a necessity when it comes to improving your... Read More |
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Entertainers Dream!
New Contemporary Kitchen
5,000 sq ft. 5 bed, 4 bath
Huge private backyard
$550,000 |
Lakefront Property
4,900 sq ft
Winning Owners Suite!
3 bed, 3bath, 3 car garage
$547,000 |
Desired Downtown Area
Walk to shopping district
Spacious at 2,500 sq ft
4 bed, 3.1 bath,
GOING FAST! 800,000 |
5 Acre Country Estate
5,000 sq ft
6 bed, 4 bath
Grand Interior!
Buy All This For 1,000,000 |
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Donna Smith - (888) 525-8847 |
Real Estate News - August 2018 |
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