Category: Infographics

    • Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]

      Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines. The median price of homes sold in April was $257,900. This...
      Written by Denise Zervos
    • Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]

      Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more ‘old millennials’ (25...
      Written by Denise Zervos
    • 50% of Homes Sold in 30 Days in March [INFOGRAPHIC]

      Some Highlights: The National Association of REALTORS® recently surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estat...
      Written by Denise Zervos
    • Home Buying Myths Slayed [INFOGRAPHIC]

      Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit scor...
      Written by Denise Zervos
    • A Tale of Two Markets [INFOGRAPHIC]

      Some Highlights:

      • A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices!
      • Inventory continues to rise in the luxury & premium home markets which is causing prices to cool.
      • Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!
      Written by Denise Zervos
    • VA Loans by the Numbers [INFOGRAPHIC]

      Some Highlights: Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership. In 2017, $188 billion was loaned to veterans and their families through the program. VA Purchase Loa...
      Written by Denise Zervos
    • The Cost of Renting vs. Buying Today [INFOGRAPHIC]

      Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%)...
      Written by Denise Zervos