Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 is starting out stronger.
Here is a graph of total homes sold (new construction and existing homes) in the first two months in 2016 compared to last year:
Will this momentum continue?
If we look at foot traffic (the number of purchasers currently out looking at homes), we can see that the spring buying market has started early and all indicators point to the fact that we may have the best spring in over a decade.
The 2016 housing market started out well and looks to be gaining steam. If you are thinking of buying or selling a home, now may be a great time.
How can I help you achieve your real estate goals so that you can live YOUR life?
About Carol Juntunen: My name is Carol Juntunen and I’m a Realtor® with Baird & Warner in the Chicago northwest suburbs. My intention is to provide insights and information to empower you to make informed real estate choices and decisions, and guide you through the home buying, selling or renting process. Ready to buy, sell or rent? Contact me: Website: www.caroljuntunen.com Email: firstname.lastname@example.org Cell: 224-523-2217