by Peter Richmond | Dec 15, 2017
As regular readers will no doubt recall, I have frequently stressed in the past the importance that changes in employment rates have for the real estate markets. There is a separate statistic that partners with jobs, and is equally important. This is the rate of...
by Peter Richmond | Dec 8, 2017
In addition to rapidly rising prices, one item that is sometimes overlooked is the lack of available inventory. Well, now there is a prediction that this crunch will soon ease. Interested? Read on! More housing supply is expected to hit the market by next fall,...
by Peter Richmond | Dec 1, 2017
Well, we’ve said it before and we’ll now say it again! Improved employment helps improve the housing market. The reasons are simple–if someone’s working, they’re far more likely to be in the market to purchase a home than if...
by Peter Richmond | Nov 17, 2017
Well, now that Congress appears about to pass some form of tax legislation, it may be a good time to consider what the effects might be for the average homeowner. Exactly what will happen will depend on the final form of the legislation, but the House has approved its...
by Peter Richmond | Nov 3, 2017
Well, the recent status of the home sales market is once again affecting both the number of homes sold AND the prices. As with any supply and demand format, scarcity is cutting sales numbers, but at the same time driving prices higher and higher. Pay attention to the...
