The home buying market is competitive right now, with a low amount of inventory and a high amount of buyers. It means that if you’re looking to buy, your bids have to be appealing to the seller in order to come out on top.
Average Sale Prices* continued to rise across the Northeast through the end of May 2014, as compared to the same period last year. Pent-up buyer demand remains as eager buyers are willing to spend more when they find that perfect home. Months of Supply fell, adding to the rise in average sale prices. Although Unit Sales continue to decrease, an expected rise in buyer and seller confidence will cause sales to rebound.
June 16, 2014
The housing market. It’s up, it’s down, it’s rebounding, it’s not. It seems like every morning there’s a different report citing a different expert who says X, Y and/or Z. Confusing, right? Here are five facts about the housing market this month that you can count on.
July 22, 2013
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.
April 1, 2013
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.
February 14, 2013
With the excess of free time that can be afforded to oneself due to a lack of power caused from the Blizzard of 2013, I started to ponder: what will the Massachusetts real estate market would look like at the end of 2013? Hence, here my thoughts on where I see the market headed this year.
February 12, 2013
With increased sales and decreased inventories, William Raveis foresees an improving real estate market.
February 6, 2013
DARIEN, Conn. (February 4, 2013)—William Raveis, chairman and chief executive officer of William Raveis Real Estate, today announced the promotion of Jake Fay to Sales Manager of the firm’s Darien office.
February 4, 2013
The atmosphere we might think of when we talk about wine cellars is underground, dark and damp. That’s because long ago the only way to keep wine cool enough was to store it underground away from heat or sunlight. Today wine storage has changed greatly. Why spend money creating this beautiful space just to hide it in the basement.
January 18, 2013
Credit score. Those two words can inspire dread in the hearts of many. Flippant credit practices on the behalf of consumers are one of the main reasons financial freedom is so elusive. Without that freedom, it is difficult to make one of life’s most important purchases: a first home. In this day in age, maintaining sound credit is a deciding first step towards homeownership. However, if the thought of revealing your credit score is more frightening than a 2 week vacation with your in-laws, we have some tips to allay your fears. Chris Pagli, a William Raveis associate in Westchester County, New York, provides 7 important tips below to to boost your credit score and your buying power. Take it away, Chris!
August 29, 2012