Category : Infographic

Some industry pundits are saying that the housing market may be heading for a slowdown. One of the data points they use is the falling numbers of the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how NAR defines the index: “The Housing Affordability Index measures whether or not […]

by Hilton Head Real Estate Partners August 28, 2016 0 comments

Home Sales Accelerate: Existing home sales accelerate to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale for the summer remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year. Median home sales prices rose to $247,700, 4.8% higher than a year […]

by Hilton Head Real Estate Partners August 04, 2016 0 comments

Singles are Entering the Real Estate Market Singles are becoming a strong force in the real estate market. The below infographic depicts the averages of the both single men and women who are purchasing real estate. Singles make-up almost a quarter of recent buyers. Some Singles Highlights: 24% of all recent home buyers were singles […]

by Hilton Head Real Estate Partners April 11, 2016 0 comments

In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.4-month supply. This is considerably lower […]

by Hilton Head Real Estate Partners March 25, 2016 0 comments

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject: David Crowe, Chief Economist for the National Association of Home Builders: “Many sellers may not have an absolute decision as to […]

by Hilton Head Real Estate Partners March 23, 2016 0 comments

The Cost of Waiting for Next Year As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. […]

by Hilton Head Real Estate Partners March 16, 2016 0 comments

During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns back around. According to the Urban Land […]

by Hilton Head Real Estate Partners February 24, 2016 0 comments

South Carolina is the 2nd Most Popular State for Inbound Moves United Van Lines has tracked migration patterns annually on a state-by-state basis since 1977. For 2015, the study is based on household moves handled by United within the 48 contiguous states and Washington, D.C. United classifies states as “high inbound” if 55 percent or […]

by Hilton Head Real Estate Partners February 08, 2016 0 comments

Distressed Property A Thing of the Past? The National Association of Realtors (NAR) in their Existing Home Sales Report revealed that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking distressed sales in October 2008. Below is a graph […]

by Hilton Head Real Estate Partners February 02, 2016 0 comments

Real Estate Seen as a Top Investment? True or False? We are almost back to ‘pre-housing crash’ home values. The inventories of distressed properties (foreclosures & short sales) are shrinking dramatically, the economy is improving, the job numbers are headed in the right direction but the big questions remain: Have Americans regained their confidence in […]

by Hilton Head Real Estate Partners January 06, 2016 0 comments
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