

02
May
Hottest Real Estate Markets Across U.S.? Go West, Homebuyer
in Home Buyers
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By Brian O’Connell
For full Article click this link: http://www.thestreet.com/story/13552654/1/hottest-real-estate-markets-across-u-s-go-west-homebuyer.html
The data tells the tale, with April’s home sales up 7% compared to 2015, according to Realtor.com
“For sale” homes are moving faster, too. Realtor.com says that houses are lasting on the market, on average, for 68 days – that’s five days faster than in April 2015, and six days faster than March 2016. Median-home prices are up, as well, with homes listing for $245,500, 9% higher than last year and 2% higher than the previous month.
“A robust buying season has already fully bloomed this spring,” says Jonathan Smoke, chief economist at Realtor.com. “Pent-up demand, lower mortgage rates and strong employment continue to power the strongest and healthiest real estate market we have seen in a decade.”
David Hughson
Mortgage Planner
858-863-0264