People are living longer, and seniors age 65+ are becoming a larger share of the population. Currently there are 40 million people over the age of 65 living in the United States; constituting approximately 13% of the population. By the year 2020 the number is expected to grow to 72 million, or one in five, [...]
One of the main things people want to know about the market is what prices are doing. Prices are important to many buying and selling decisions. And we get questions on prices: What’s a median price? Why do you use it in Local Housing Data (LHD)? What’s the difference between median and average?
What drives someone to view a home online? Is it price, location, design or a combination of all? We’ve got our weekly round-up of raveis.com’s Top Viewed Homes in each state, from a beautiful colonial-style townhouse in Fairfield to a signature home in Rye. So sit back, relax and enjoy! And, as always, let us [...]
In April 2013, as compared to April 2012, the housing market in New England and New York pointed toward rising sale prices, with the average sale price increasing in each market. In Massachusetts, the average sale price increased 9.8% in April 2013 as compared to April 2012. Unit sales also increased in most markets, with [...]
What drives someone to view a home online? Is it price, location, design or a combination of all? We’ve got our weekly round-up of raveis.com’s Top Viewed Homes in each state, from a beautiful piece of land in Fairfield to a great property in downtown Bristol (Go Hawks!). So sit back, relax and enjoy! And, [...]
In March 2013, as compared to March 2012, the housing market in New England and New York was varied, with unit sales increasing in Connecticut, New Hampshire, Vermont and Maine and average sales prices increasing in Connecticut, Massachusetts, Rhode Island and Vermont. We are still confident that indicators from the beginning of the year still [...]
Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®. He directs research activity for the association and regularly provides commentary on real estate market trends for its 1 million REALTOR® members.
In February 2013, as compared to February 2012, the housing market in New England and New York generally continued to see increases in unit sales, average sales prices and price per square foot, with few exceptions. All of these indicators point toward a growing and strengthening housing market.
How often do low-ball offers work? Let’s ask it a different way, “How often have buyers been able to get a big discount off of the list price?” In a good market? Very rarely. In a weak market? More frequently, but not as often as you might think.
In January 2013, as compared to January 2012, the housing market in New England and New York saw strong increases in overall unit sales and sharp decreases in total inventory. Additionally, most states saw increases in average sale prices. All of these indicators point toward a growing and strengthening housing market.
William Raveis Real Estate discusses October 2012 housing market data.
