News

October 2018 Market Reports

Housing Supply Overview Although every community is different, a general analysis of all housing markets across the country reveals that housing inventory is slowly moving toward balance with year-ago levels. This is the first indication in years that we may be approaching an inventory bottom. For the 12-month period spanning November 2017 through October 2018, Pending Sales in the Western… Read more »

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November Education Opportunities

  Matrix Training from A to Z Whether you are new to the MLS, having difficulty with the MLS system, or just need a refresher, this class is for you! This course will show agents how to: Search Email Print Set up Auto-Emails Input and Maintain Listings Much More! Code of Ethics 2.5 Course Number:… Read more »

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September 2018 Market Reports

Housing Supply Overview According to a recent study by Fannie Mae, 24 percent of Americans feel that now is a good time to buy a house. That number was 54 percent five years ago. Feelings change rapidly when incomes do not match well with home prices and frustration sets in. For the 12-month period spanning October 2017 through… Read more »

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Call to Action – H.5341: Tax Conformity

We need your help! The Senate Finance Committee met Wednesday, September 26, 2018 to adopt legislation on tax conformity. The full Senate will convene into special session on Tuesday, October 02, 2018 to take up this important legislation. Conformity on the state level to the changes under the new federal law (Tax Cuts and Jobs… Read more »

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August 2018 Market Reports are Out

Housing Supply Overview The potential of an affordability conundrum has veered into the national spotlight, as household wages struggle to keep pace with home price increases. Yet it is ill-advised to predict a heavy shift toward fewer sales and lower prices. Consumers have learned a lot in the last decade. For the 12-month period spanning September 2017 through… Read more »

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July Market Reports are Out

Housing Supply Overview There are beginning to be hints of more supply in several markets across the country, coupled with a slowdown in total sales. These factors could potentially slow the long-standing trend of year-over-year median sales price increases. For the 12-month period spanning August 2017 through July 2018, Pending Sales in the Western Upstate region were down… Read more »

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June 2018 Market Reports are Out

Housing Supply Overview We are firmly within summer during an economically strong year in the U.S., thus real estate activity is busy. There are still generally more buyers than sellers in most price and housing style categories, so prices will continue to rise until that situation changes. For the 12-month period spanning July 2017 through June 2018, Pending Sales… Read more »

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Take Action: Reauthorize the National Flood Insurance Program (NFIP)

                The National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP. Take action by urging Congress to extend the NFIP and pass meaningful reforms to… Read more »

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April 2018 Market Updates

Housing Supply Overview Supply remains low in most markets and categories. Buyer demand continues to show that there is room for growth, but we still have not reached a point where a year-over-year increase in the number of homes for sale can be anticipated. For the 12-month period spanning April 2017 through March 2018, Pending Sales in the Western… Read more »

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