NAR Releases 2019 Profile of Home Buyers and Sellers

NAR has just released its 2019 Profile of Home Buyers and Sellers.  So why should you check it out?  Because it’s chock full of great information like this…. 20% of recent home buyers were veterans 29% of buyers primary reason for purchasing a home was the...

Local Real Estate Market Remains Strong in October

The October real estate market posted a large increase in sold volume fueled by double digit rise in number of units sold.  Total sold dollar volume increased from $138 million in October of 2018 to $178.1 million in October of 2019, representing a 29% year-over-year...

Median house price up $20K across Fred region

The local economy remained healthy throughout the 3rd quarter of 2019.  Unemployment remains very low along with interest rates with no indication of either situation changing in the near future.  Sales continued to grow throughout the FAAR footprint, with 5% more...

Summer Isn’t Over in the Real Estate Market

September proved another active month in the local real estate market with double digit increases in total sold dollar volume and units sold and a modest increase in median price compared to last September.  Total sold dollar volume came in at approximately $184.5...

August Market Continues to Sizzle

The summer market continued to sizzle with an active August that posted gains in total volume, median price, and units sold with a large decrease in days on market.  Total sold dollar volume increased nearly 13%, going from approximately $191.2 million in August of...

Here we go again…NFIP set to expire

Without Congressional action, the National Flood Insurance Program is set to expire on September 30, 2019.  NAR is working with Congressional leaders and the White House to secure a long-term reauthorization of NFIP before then.  In the meantime, NAR has prepared this...

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