Homes Sale Maintainable

Dated: 05/08/2017

Views: 51

Is the Current Pace of Home Sales Maintainable? | MyKCM

There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

Why the concern?

Some are looking at the last four years of home sales and comparing them to the three years just prior to the housing bubble. Looking at the graph below, we can understand that thinking.

Is the Current Pace of Home Sales Maintainable? | MyKCM

However, if we go further back in history, we can see the real picture. After taking out the “boom & bust” years, the pace of sales is growing at quite a natural pace.

Is the Current Pace of Home Sales Maintainable? | MyKCM

And new home sales are way below historic numbers. Dave Liniger, Re/Max CEO explains:

“We expect a seasonal uptick in sales this time of year and March certainly met and somewhat exceeded that expectation. We don’t anticipate the tightening inventory to ease up in most markets until new home construction can catch up to its pre-recession pace. Until then, sellers will enjoy a fast-paced market and buyers will need to work with their agents to get in the right home.”

Bottom Line

The current pace of residential home sales definitely seems maintainable.

Latest Blog Posts


483SHARES437360100Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out

Read More

Latest NAR Data Shows Now Is A Great Time To Sell!

Let’s look at the data covered in the latest REALTORS® Confidence Index and Existing Home Sales Report.REALTORS® CONFIDENCE INDEXEvery month, NAR 

Read More

Whether You Rent Or Buy, Either Way You’re Paying A Mortgage!

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your

Read More

Como El Aumento De Los Precios Lo Ayudar A Generar Riqueza Familiar En 2018

3.5KACCIONES 2.7K 117 0 24 578 En los próximos cinco años, se espera que los precios de las viviendas se aprecien en promedio un 3,35% porñ

Read More