by TheOlearTeam | Feb 12, 2021 | Buyers, Buying A Home, National Trends, Sellers
Over the course of the year, real estate market sales trend along with the changing of seasons. We tend to see a fairly consistent cycle over time as it comes to who the bulk of potential buyers consists of. While there is no set “best time” to buy a...
by TheOlearTeam | Jun 5, 2020 | National Trends
Millennials are currently the largest percent of home buyers, sitting at 37% of the buyer population. With such a large age bracket hitting the real estate market, they have a great influence on trends and demand. There are a few key aspects this demographic is...
by Michael Olear | Dec 31, 2016 | National Trends
Some Highlights: Distressed property sales fell to its lowest number since NAR began tracking it in 2008. As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range. Interest rates are still at historic...
by Michael Olear | Dec 10, 2016 | National Trends, Uncategorized
The National Association of Realtors (NAR) recently released their latestExisting Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking...
by Michael Olear | Nov 28, 2016 | National Trends, Uncategorized
Have you noticed all the senior housing developments springing up across Western New York? Well, it?s a trend that?s in full bloom across the nation, and with good reason. It was back in 2011 when the U.S. Department of Health and Human Services first predicted a...
by Michael Olear | Oct 22, 2016 | National Trends, Uncategorized
Some Highlights: The National Association of REALTORS? 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 estate practitioners. Practitioners...
