Real Estate Information Archive

Blog

Displaying blog entries 1-5 of 5

May 2013 RE/MAX National Housing Report

by RE/MAX Professionals

May 2013 RE/MAX National Housing Report

Low inventory has characterized the housing recovery for several months, but may be finally showing signs of improvement. The number of homes for sale in April inched 1.6% higher than the number seen in March, the first monthly increase since June 2010. At the same time, Closed Transactions and Median Prices both remained 10% higher than last year’s levels.

The April RE/MAX National Housing Report, a survey of MLS data from 52 U.S. metropolitan areas, contained signs of a strong housing recovery in regions across the country. Low inventories contribute to a limited growth in sales, preventing some buyers from closing on the home of their choice. But if inventories can rise to a more balanced level, the recovery should strengthen and experience even more home sales. The Month’s Supply of homes for sale at April’s pace of sales was just 3.6 months, the lowest supply since the RE/MAX National Housing Report began in August 2008. A balanced market is achieved with a Month’s Supply of 6.

“April was exactly what we needed at this time in the housing recovery. Home sales and prices continued to rise, while we started to see improvement in the number of homes for sale,” said Margaret Kelly, CEO of RE/MAX, LLC. “It may take a few months, but as prices rise and more homeowners gain positive equity, we should see an increase in the inventory of homes for sale, resulting in a much better selection for potential homebuyers.”

To review the full report, please click here

Monthly housing reports are just one example of the benefits of working for RE/MAX. Tools like this help you with your business and set us apart from the competition. If you are interested in learning more about RE/MAX Professionals, please contact us today. 623-643-1000

Welcome Debra "Deb" Benitez

by RE/MAX Professionals

Welcome Debra "Deb" Benitez

Nate Martinez, Owner/Agent Speaks to Fox News

by RE/MAX Professionals

Nate Martinez, Owner/Agent Speaks to Fox News

RE/MAX Professionals Owner/Agent, Nate Martinez spoke to Fox Business News last Friday, May 10th. In his interview, Nate Martinez shared positive news about the rebounding real estate market here in Phoenix, Arizona. 

Check out his interview! 

Launch Your Success the RE/MAX Professionals Way!

by RE/MAX Professionals

Launch Your Success the RE/MAX Professionals Way! 

As announced in the office meeting last week, the new training program will launch on Tuesday , May 14th. This is FREE to anyone at RE/MAX Professionals or anyone who is thinking of joining our company. If you are new to the company, we encourage you to sign up for this program - if you have members on your team who are new or newer to the industry, we hope you'll take advantage of this education opportunity. 

RE/MAX Professionals Insider May 2013

by RE/MAX Professionals

RE/MAX Professionals Insider May 2013

To view a PDF version of the RE/MAX Professionals Insider for May 2013, please click here

www.JoinRMXProfessionals.com 

Displaying blog entries 1-5 of 5

Syndication

Categories

Archives