Another Strong Jobs Report
This was another very strong unemployment report by the Bureau of Labor Statisticss (BLS) with 943,000 new nonfarm payroll jobs added in July... Read more at Populareconomicsblog
June home sales soared as the number of homes for sale grew
With the nationwide housing shortage a topic of conversation and concern for consumers, homebuilders, policymakers and real estate companies in recent years, an increase in the number of homes for sale in June 2021 was welcome news. Read more at Remax.com
The Housing Market Shows Signs of Softening – Has It Topped Out?
For many months now, it’s seemed like nothing could slow down the American housing market. But wait! The tide may be beginning to turn—even if just a little. Read more at Realtor.com
Housing Affordability Continues to Remain a Challenge for Many Buyers
For the second quarter of 2021, median home prices of single-family homes are less affordable than historic averages in nearly two-thirds (61%) of counties in the U.S. Read more at parealtors.org
Bob Wert is on Google.com
"Bob is by far the best real estate agent the area has. He helped me out with every single step when it came to buying my first house selling my first house and then helping my girlfriend buy her first house..." - Kyle B Read more at bob-wert-remax-of-lebanon-county.business.site
More home buyers expect search to get “easier.”
More prospective homebuyers said they believe finding their dream home will become easier as 2021 progresses, compared to the same time period as last year. Read more at parealtors.org
More Homebuyers Making 20% Down Payments and Waiving Appraisal and Inspection Contract Contingencies
Homebuyers who make a 20% down payment and waive appraisal and inspection contingencies are on the rise, based on the May 2021 REALTORS® Confidence Index (RCI) Survey which reports monthly transactions from a random sample of REALTORS®1. Read more at nar.realtor
Real estate appreciation and housing market trends
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Date(s) & Update Frequency: Home Values, Rents: Reflects Q1 2021. Updated quarterly Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually See data at neighborhoodscout.com
Lebanon County Housing Market stats
In August 2021, Lebanon County home prices were up 15.4% compared to last year, selling for a median price of $225K. Read more at Redfin.com
Generation Z: Ready to Buy?
Don’t sleep on Generation Z and their prospective homebuying. Many members of this generation are not happy with their current housing, which could lead them to start exploring the homebuying process. Read more at parealtors.org