Thursday, June 30, 2016

A storm is brewing in the real-estate market

In a report released Monday, Pimco's John Murray and Anthony Clarke wrote that the capital flows that propped up the market since the housing crash were decreasing. And that spells trouble ahead.
from Nice Homes in Fresno & Clovis http://ift.tt/28JwRai

Sunday, June 26, 2016

Contracts Low in DC Metro Area Real Estate Market | Published: 6/24/2016 | Homesnap Real Estate News

The DC Metro Area market seems to be weakening, as the number of contracts executed fell to 9,897, the lowest levels since March. Meanwhile sales came in at 8,097 homes sold over the last 30 days. Fairfax County had 1,899 contracts executed, making it the top contributor. Potential buyers should note that prices went up in the DC Metro Area, with the median for this period rising from $390,000 to $393,000. There are only three months of inventory available in the DC Metro Area, so it's still seller's market, even with the shrinking contracts numbers.
from Nice Homes in Fresno & Clovis http://ift.tt/28UBitt