If you are confused about the state of the real estate market, welcome to the club. A big part of why you are confused is bad reporting. There is so much of it! Every week, I am running across real estate headlines saying that real estate is about to crash and also that prices are
There is high demand to buy housing. In 2020, people had months at home, learning everything they hate about where they live. So, when real estate started up again this summer, buyer demand was high. In the summer, the best sales were on empty houses, since neither buyers nor sellers were comfortable with showings of
Not every year is the same, but there’s a pattern. Spring The spring market begins when sellers start listing their properties in larger numbers. Look for these harbingers: No snow on walkways due to light snowfall or warmer weather. Easter has passed. (This year, Easter is April 12.) The spring market is driven by increased
When is the best time of year to buy a home? RealtyTrac took a big data approach to this question, analyzing 32 million single family home and condo sales over the past 15 years. They compared average sale prices to average estimated market value at the time of sale to determine whether buyers paid a