The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median … Continue reading How Long Do Most Families Stay in Their Home?
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for … Continue reading Sellers: Your Home Must Be Sold TWICE
In my regular email newsletter, there is a featured service where you can get the real story on your neighborhood -- or any neighborhood -- and see data about everything from schools to household income. Use the Neighborhood Widget to get all sorts of facts about your neighborhood or any neighborhood including schools, income levels … Continue reading All New Deep Data For Your Neighborhood
Ever wonder what happens every hour in the housing market?