The Skinny Blog


 

With the number of homes available for sale at a 14-year low, the well-priced homes that are on the market are often getting full-price offers or better in record time. Active listings continue to drop, they’re currently down 25.3 percent compared to last February. Those shopping for homes have 8,820 options from which to choose.
[read more]

We have all heard the saying “everything eventually reverts to the mean.” No? Fair enough. There’s a saying that goes “everything eventually reverts to the mean.” It’s a way of expressing that, over a sufficient time period, a data set can only remain above or below its long-term trend for so long, but eventually should
[read more]

Right around the time when second-hand shops receive an influx of donated exercise equipment, we get our first glimpse of the year at our local housing market. Overall, it was a healthy and balanced start to the new year. New listings rose 3.1 percent to 4,304—the second strongest gain in nearly a year. Pending sales
[read more]

 Get to Know 2017 President, Cotty Lowry   Cotty was recently inducted as the 2017 MAAR President. He is ready to represent the real estate community and govern the association as President. Here is your chance to get to know Cotty.    What are some of your goals as President? The MAAR mission statement is to provide resources and
[read more]

The big story of 2016 was twofold: the median sales price reached an all-time high; while closed sales reached an 11-year high. Closed sales nearly broke their all-time record, but fell 0.3 percent short of their all-time 2004 high. Seller activity declined 1.1 percent. Near-record sales activity combined with flat-to-weaker seller activity created a supply
[read more]

As Twin Citizens hunker down for winter, home buyers haven’t requested any time off this holiday season. Pending home sales rose 9.0 percent compared to last November and are at their highest level for any November since 2004. Closed sales likely reflect a sense of haste, as buyers closed on a whopping 25.2 percent more
[read more]