Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, roughly 60.6 million people, as recently as 2014.
Home sales outgained new listings again in October, further squeezing already tight inventory and pushing prices higher. Since new listings traditionally decrease in the fall, that inventory shortage is expected to last until spring. Sellers willing to put their home on the market now can expect plenty of interested buyers, and a highly favorable chance of getting the best possible price for their home.
We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house.
Jason E. Cook’s Annual Pumpkin Contest 2016 Winners announced!
Thank you to everyone that submitted pictures! They were so creative and detailed! This years winners are:
You have been anticipating this for nearly a day, and the time has finally come! Get your entry in now!
As I sit here sipping my Pumpkin Spice Latte I am inspired to get this contest rolling right now! You know what to do….. Jason E. Cook’s annual Pumpkin Carving/Decorating Photo Contest! Be Creative, inventive, frightening (no clown masks allowed), pumpkins can be carved or decorated!! Not creative? Need ideas? Bing it!
Here’s the Rules:
Here are five reasons why you should consider selling your house this fall:
1. Demand Is Strong
The latest Realtors’ Confidence Index from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now!
750 million Chinese are expected to travel this upcoming National Day Golden Week (1 Oct – 7 Oct).
More importantly, with Q2 2016 data tracking showing a 16% y-o-y increase in outbound travelling from China, those jetting overseas from the 750 million mentioned above are expected to surpass the record of 4 million Chinese who traveled abroad during last year’s National Day Golden Week.