July 2017 | Maryland, Virginia and the District Real Estate :: The Gold Standard Group with eXp Realty

Buyer Demand Continues Outpacing the Supply of Homes for Sale

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for…

Written by Danny Cheung

July 31, 2017

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Inventory Drops Again, Sales Slow

Highlights: Existing Home Sales are now at an annual pace of 5.52 million. Inventory of existing homes for sale dropped to a 4.3-month supply, marking the 25th month in a row…

Written by Danny Cheung

July 28, 2017

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Americans Still Believe Real Estate is Best Long-Term Investment

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. Bankrate asked…

Written by Danny Cheung

July 27, 2017

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A ‘Buyer’ in Hand is Worth Two in the Bush

In today’s highly competitive seller’s market where there are more buyers than there are homes for them to buy, some sellers may feel like the ball is in their court.…

Written by Danny Cheung

July 26, 2017

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Rising Home Prices Mean Great News for Homeowners

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes…

Written by Danny Cheung

July 25, 2017

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U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home. Mortgage rates have hovered around 4% for all…

Written by Danny Cheung

July 24, 2017

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Singles Are Falling for Their Dream Home First

Some Highlights: According to NAR’s Profile of Home Buyers & Sellers, the share of recent homebuyers who were single at the time of purchase held steady at 24% last year. The…

Written by Danny Cheung

July 21, 2017

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84% of Americans Believe Buying a Home is a Good Financial Decision

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since…

Written by Danny Cheung

July 20, 2017

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3 Tips to Succeed in Today’s Real Estate Market

In today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you…

Written by Danny Cheung

July 19, 2017

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Thinking of Selling? You Should Act NOW!

f you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer…

Written by Danny Cheung

July 18, 2017

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Monthly Archives: July 2017

Buyer Demand Continues Outpacing the Supply of Homes for Sale

Inventory Drops Again, Sales Slow

Americans Still Believe Real Estate is Best Long-Term Investment

A ‘Buyer’ in Hand is Worth Two in the Bush

Rising Home Prices Mean Great News for Homeowners

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Singles Are Falling for Their Dream Home First

84% of Americans Believe Buying a Home is a Good Financial Decision

3 Tips to Succeed in Today’s Real Estate Market

Thinking of Selling? You Should Act NOW!

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