Berkshire Hathaway HomeServices Fox & Roach - Carol Shugars

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Real Estate Market Monitor with Carol Madden Shugars I last reported in March on the Bucks County real estate market. Now, in the early part of the third quarter, how's the market doing? Are you seeing fewer "for sale" signs? More "sold" signs? Since the beginning of the year, 3,603 properties have sold for a median price of S321,000, selling at 96% of list price. It still remains a seller's market with 424 fewer homes on the market compared to July of last year. Also, the median list price of properties is up by 10 % over last July According to the National Association the largest demographic population in the U.S., soon entering the real estate market. Also, homeowners are staying put longer, an average of 8.3 years, which is a record high. Finally, during the 2007 housing crisis, real estate investors bought single family homes in foreclosure and convert- ed them to rentals, which is a growth of 31% in single family rentals from 2007 to 2016 Please contact me for additional in- formation as to how this market impacts you. I am available to answer any questions you have or to provide market strategies for a home sale av of Realtors, the hous- ing shortage is occur- ring due to six factors. Nationwide, new or purchase. I'm able to BERKSHIRE HATHAWAY give you sound advice as to how to prepare your HomeServices home for a future sale to home construction maximize your procecds is below the 50-year average of 1.6 million due to shortages of land, labor and materials. Homes are ag ing: 37 is the median age of homes in the U.S. What this means for you is that you will need to update and/or remodel your home. In addition, there is also a demo- graphic shift with 73 million millennials, lam a third generation Bucks County native and am quite familiar with all of our neighborhood communities and local service providers. Submitted by Berkshire Hathaway HomeServices Carol Shugars Real Estate Market Monitor with Carol Madden Shugars I last reported in March on the Bucks County real estate market. Now, in the early part of the third quarter, how's the market doing? Are you seeing fewer "for sale" signs? More "sold" signs? Since the beginning of the year, 3,603 properties have sold for a median price of S321,000, selling at 96% of list price. It still remains a seller's market with 424 fewer homes on the market compared to July of last year. Also, the median list price of properties is up by 10 % over last July According to the National Association the largest demographic population in the U.S., soon entering the real estate market. Also, homeowners are staying put longer, an average of 8.3 years, which is a record high. Finally, during the 2007 housing crisis, real estate investors bought single family homes in foreclosure and convert- ed them to rentals, which is a growth of 31% in single family rentals from 2007 to 2016 Please contact me for additional in- formation as to how this market impacts you. I am available to answer any questions you have or to provide market strategies for a home sale av of Realtors, the hous- ing shortage is occur- ring due to six factors. Nationwide, new or purchase. I'm able to BERKSHIRE HATHAWAY give you sound advice as to how to prepare your HomeServices home for a future sale to home construction maximize your procecds is below the 50-year average of 1.6 million due to shortages of land, labor and materials. Homes are ag ing: 37 is the median age of homes in the U.S. What this means for you is that you will need to update and/or remodel your home. In addition, there is also a demo- graphic shift with 73 million millennials, lam a third generation Bucks County native and am quite familiar with all of our neighborhood communities and local service providers. Submitted by Berkshire Hathaway HomeServices Carol Shugars