The surging housing market still has legs, as evidenced by reports from the Wall Street Journal and other housing experts. Driven by rising demand and supply constraints, the market is gaining even more strength. Don’t take our word for it, here is the proof:
“In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.”
“We had a triple crown of April home sales reports, so 2016 is in the pole position to earn best year of home sales in a decade.”
“I’m calling the end of the housing “recovery.” On to ‘expansion.'”
“Despite the disappointing economic reports, we still forecast housing to maintain its momentum in 2016.”
“A recent gauge of home builder sentiment held firmly in positive territory, according to the National Association of Home Builders. Perhaps more important, expectations for sales in the next six months jumped to the highest level of the year.”
“Our latest housing tracker shows that the first quarter of 2016 was the second fastest first quarter pace of home sales in the past decade… Home sales typically rise in the spring and summer months, and we anticipate an acceleration in home sales that will surpass 2007’s pace by late summer.”
Call us with your questions, if you need to buy, sell, refinance or just need to know the TRUE value of your home. We’re here for you and our expert and professional advice is always free and without obligation.