National Housing Report, August 2013 - 41 sec Video Version

National Housing Report - QUICK 41 SEC VIDEO VERSION!

RE/MAX National Housing Report - June 2013

RE/MAX National Housing Report: Home Selling Season Starts Strong

RE/MAX National Housing Report: Home Selling Season Starts Strong

In February, both home sales and prices rose higher than a year ago. After a decisive housing turnaround in 2012, this year looks to improve on recovering market trends.  With data representing 52 metropolitan areas, the February RE/MAX National Housing Report shows home sales 2.3% greater than February 2012 and a median price 7.0% higher.  Still a concern is the number of available homes for sale, which continues to shrink, turning the market more favorable to sellers.  Home inventory fell 29.2% from last year, resulting in a 4.8-month supply.  In only the second month of the year, real estate agents are already seeing renewed consumer interest and are expecting increased traffic in the next few months.  As home prices recover in 2013, more homeowners will achieve positive equity and the number of foreclosures should be reduced.  The current recovery has not yet brought housing back to pre-crisis levels, but appears on its way to a more stable and sustainable environment.
The above is an excerpt from the monthly RE/MAX National Housing Report. Read the full two-page report.

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Tags: monthly housing report, national housing report

About Keri Henke

Keri Henke is the Public Relations & Communications Coordinator for RE/MAX North Central.

View all posts by Keri Henke →

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