New Home Sales Race To Keep Up With Demand

Dated: 12/15/2016

Views: 83

New Home Sales Race to Keep Up with Demand [INFOGRAPHIC] | MyKCM

 

Some Highlights:

  • Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.

  • The median home price decreased slightly from September’s high of $314,100 to $304,500 in October.

  • The West saw the largest month over month jump in sales at 28.7%.

Bonnie Lelak

Experience with regular home sales, short sales, foreclosures, HUD homes, no down payment program homes, investors who flip homes or buy rentals, commercial properties, land sales, lake front properti....

Want to Advertise on this Site?

Latest Blog Posts

Tips For Effectively Making An Offer

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good

Read More

Do You Know The Cost Of NOT Owning Your Home

Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as

Read More

What You Need To Know About Qualifying For A Mortgage

Some Highlights:Many buyers are purchasing a home with a down payment as little as 3%.You may already qualify for a loan, even if you don't have perfect credit.Take advantage of the knowledge

Read More

3 Reasons The Housing Market Is NOT In A Bubble

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the

Read More