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The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions.
Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:
2015 marks the first year-over-year increase in investment home sales since 2011.
62% of all investment homes purchased were single family homes.
The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).
The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 47 days in March. This is a decrease from the 59 days reported in February, as well as the 52 days reported back in March 2015.
Welcome to my website! This site was designed with my clients in mind and ensuring that you and find a wealth of information for all of your Real Estate Needs.
Whether you are a first time home buyer or seller, Relocating or know the process already, this site offers an indepth amount of information. As the real estate markets change, so does some of the various aspects involved when buying or selling a home.
I want to ensure that whether you are just curious about market conditions or looking to make a move, this is your one stop shop for whatever your needs may be.
If and when you are ready to begin your move, or have any questions, feel free to email Realestatebydorthy@gmail.com or call (847) 682-8694
With personal experience of building new construction and buying and selling homes, The Pastorelli Group not only brings an in-depth market knowledge but also personal experience to help clients with all aspects of the Home Buying & Home Selling process. Whether you are considering new construction, existing homes, short sales, investment and Relocation, Contact Dorthy Pastorelli (847) 682-8694 today to help you with you next real estate move.
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- 30W695 Bradford Parkway, Wayne, IL 60184
- 5 BD , 3.1 BA
- 3511 Sandstone Court, Lake in the Hills, IL 60156
- 4 BD , 3.1 BA
- 2414 BRYN MAWR Lane, Crystal Lake, IL 60014
- 4 BD , 2.1 BA
- 691 TUSCANY Drive, Algonquin, IL 60102
- 4 BD , 2.1 BA
- 480 SARATOGA Circle, Algonquin, IL 60102
- 4 BD , 2.1 BA