National Association of Realtors (NAR)

Strengthening Economy

Despite existing-home sales dropping last November, the National Real Estate Market is primed for expansion in 2016. Here's why. Better weather in many parts of the country resulted in an increase in single-family and multifamily home construction. Also, the population of millennial homebuyers is expected to grow in 2016. This means increased demand to help the housing market see positive gains.

With unemployment steadily decreasing, orders for new durable goods increasing 3 percent, inflation staying level, and income beginning to grow, the Fed decided to raise interest rates. The rate increase signals that our economy is getting stronger. So, don't let the drop in existing-home sales in November fool you, with a stronger

January 2016, Keller Williams Realty monthly real estate statistics.
This very short video (1:12 minute) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

December 2015, Keller Williams Realty monthly real estate statistics.
This very short video (1:08 minute) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

November 2015, Keller Williams Realty monthly real estate statistics.
This very short video (1:09 minute) is going to give you the 3 national real estate statistics for this month.

With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

October 2015, Keller Williams Realty monthly real estate statistics.
This very short video (1:09 minute) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

So you have a contract on a new real estate property and if you are borrowing money, here are the following important impacts to closing:

The borrower must receive the Closing Disclosure three (3) business days prior to closing. It is considered to have been received three (3) business days after placing in the mail. Therefore, generally the lender will need to mail the initial closing disclosure at least six (6) business days prior to consummation. This change, while beneficial to the borrower, does put emphasis on timeline targets.

Short timeline closings will require urgent attention by all parties. Borrower, realtors, title/settlement agents, etc. will need to provide required information in a timely and urgent manner to ensure the closing

Here are your real estate statistics you need to know - August 2015 - National Association of Realtors (NAR)

Although existing home sales decreased in August 2015 to 5.31 million, all cash sales still represent 22% of transactions and the percentage of first time home buyers increased to 32%! Click on this infographic for more details.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

This very short video (1:09 minute) is going to give you the 3 national real estate statistics. With 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

The Boca Raton area market is a little different from the national market. To get insider's information from a local real estate specialist, please be sure to reach out and call us today at . We'll let you know how these number may affect you and would be happy to talk about your real estate needs.

Now is an exciting time for real estate and we've been seeing a number of significant changes across the nation. We've been tracking a few noteworthy numbers for both buyers and sellers. According to the National Association of Realtors for the Month of July 2015:

• The projected number of home sales rose to 5.4 million (from 5.04 million last month)
• The national median home price for existing homes increased to $228,700 (from $219,000 +4.6% last month and +7.9% from July 2014 last year)

Real Estate Market Update in the US (per the National Association of Realtors)

If you are looking to sell, NOW IS A GOOD TIME TO LIST YOUR HOME. According to Freddie Mac, the national average for a 30 year fixed mortgage rate rose to 4% (from 3.84%