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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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US Housing Market Continues the Move into ‘Buy Territory’! | Real Estate with Noel Veitia

According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to rent or buy a home? The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and build...

May 26th, 2017 | buy, prices, real estate, growing, US Housing Market Continues the Move into ‘Buy Territory’! | Real Estate with Noel Veitia

Inventory Shortages Are Slowing Down the Market | Real Estate with Noel Veitia

The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the summer, supply is not keeping up. Here are the thoughts of a few industry experts on the subject: Lawrence Yun, Chief Economist at NAR: “Selle...

May 26th, 2017 | buy, cost, real estate, reasons, demand, Inventory Shortages Are Slowing Down the Market | Real Estate with Noel Veitia