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housing supply

What Does 2021 Have in Store for Home Values?

January 11, 2021 by bobelliot

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently Read More

Posted in Home Prices Tagged housing supply

December 2019: The Buyer Stakes Are High Because Inventory Is Low

December 16, 2019 by bobelliot

The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid Read More

Posted in Home Buying Tagged housing supply

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Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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