Market Update

This page displays the most recent real estate news and market statistics from our real estate network members. Our network members cover the US, Mexico and Canada. If you can’t find the information you are looking for, please use our comprehensive site search feature at right to narrow your results.

Austin Real Estate, A Sellers’ Market

Austin Real Estate, A Sellers’ Market

Austin real estate is showing signs of a sellers’ market. Real estate markets around the US should be so lucky, as they struggle with abundant inventories and low sales volume. Austin real estate on the other hand appears to be thriving, with prices up from a year ago and inventories below balanced levels. A balanced, or even, Austin real estate market exists when there is an inventory of 6 months. The current inventory of Austin homes is just over 4 … Continue reading Austin Real Estate, A Sellers’ Market

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April 2012 Oakville, Milton and Burlington Ontario Real Estate Sales Results

Here are the April 2012 residential real estate results for Oakville, Milton and Burlington Ontario. The Oakville, Milton & District Real Estate Board (OMDREB) posted 1,111 sales in April – up 15.7% from April 2011, while the Realtors Association of Hamilton Burlington (RAHB) reported 1442  sales virtually identical to the number sold last year (1446).  As expected, the number of sales was higher in April than in March this year. New listings were up over the same period on OMDREB … Continue reading April 2012 Oakville, Milton and Burlington Ontario Real Estate Sales Results

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Austin Real Estate Performance Remains Positive

Austin Real Estate Performance Remains Positive

Austin real estate performance remains positive, as does the outlook for the entire state. Data collected recently shows a decrease in inventory, an upswing in sales, and increasing prices for Austin real estate. An article from PR Newswire today shows that Texas as a state has seen the same trends with regards to real estate. The first quarter of 2012 showed a marked improvement for Texas real estate compared with the first quarter of 2011. Home sales were up over … Continue reading Austin Real Estate Performance Remains Positive

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What’s happening in our local real estate markets

What’s happening in our local real estate markets

New feature!  Wondering what the housing trends are in our local market?  Introducing my new Housing Trends newsletter. PAULETTE’S ANDOVER HOUSING TRENDS NEWSLETTER  

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HAVE WE HIT BOTTOM YET?

According to many experts, the real estate market is showing very positive signs of finally stabilizing and turning around. The local real estate market here in Ocala/Marion County is showing a very strong improvement over last year, and is promising to be the strongest we have seen in years. Not all markets will improve at the same rate, but I definitely am excited and feel very strongly that the worst is behind us. Why am so positive? The consumer confidence … Continue reading HAVE WE HIT BOTTOM YET?

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Austin Real Estate, Prices Rise, Inventory Drops

Austin Real Estate, Prices Rise, Inventory Drops

Austin real estate data is showing prices rising and inventory dropping. These two elements are the surest signs of a healthy real estate market, showing strength in today’s Austin real estate market. We have already reported that Austin real estate sales figures have been increasing compared with a year ago, the data demonstrating reduced inventories and higher prices paid for Austin homes is mere icing on the cake. Even better, Austin real estate sales have shown a constant improvement, with … Continue reading Austin Real Estate, Prices Rise, Inventory Drops

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Austin Homes Are Selling

Austin Homes Are Selling

 Austin homes are selling. Recently released data demonstrates that Austin real estate sales are up compared with a year ago. In addition to home sales being up, home prices in Austin are also up. Information released by the Austin Board of Realtors shows an increase in volume of 15% for the month of March compared with a year ago. Another great piece of news for Austin real estate is that condo sales are up over 35% compared with a year … Continue reading Austin Homes Are Selling

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The Housing Market in Tucson Has Turned!

The Housing Market in Tucson Has Turned!

The market in Tucson has turned! We have been waiting over 6 years to say this, but the data and trends point to a recent shift in the market. Inventory is down, sales are up – resulting in only 4.1 months of inventory. Even pricing is showing some early positive signs, with median price increasing to $133,500 in March. We are watching closely for any emerging trends across other local markets in southern Arizona, including the Green Valley and Sierra … Continue reading The Housing Market in Tucson Has Turned!

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RE/MAX Reports March home prices up 5.8% from last year

RE/MAX Reports March home prices up 5.8% from last year

Home prices in the 53 largest cities increased 5.8% in March from the same month last year, according to a report from real estate association RE/MAX. The homes sold in March had a median sales price of $184,525. It was the second-straight month prices rose higher than the year-ago period. Before February, home prices landed below year-ago levels for 18 consecutive months. But home sales steadily picked up over the last nine months. In March, home sales climbed 1.5% from … Continue reading RE/MAX Reports March home prices up 5.8% from last year

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Vacation Real Estate Sales Improving–Get your home on Lake Conroe TODAY!

Vacation Real Estate Sales Improving–Get your home on Lake Conroe TODAY!

Vacation real estate sales are improving.  A recent article from Realty Times has the headline: “Real Estate Outlook: Vacation Sales Surge”.  In addition an article from Market Watch touts that more than 80% of vacation home buyers feel that now is a great time to buy vacation homes.  Clearly the vacation home sector has been a hard hit area of the nation’s real estate market as secondary purchases in any form took a backseat during the recession.  Today’s vacation home … Continue reading Vacation Real Estate Sales Improving–Get your home on Lake Conroe TODAY!

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