The facts of residential real estate have remained consistent in 2017. In year-over-year comparisons, the number of homes for sale has been fewer in most locales, and homes have been selling in fewer days for higher prices. This hasn’t always been true, but it has been a common enough storyline to make it an overarching trend for the year.
New Listings were down 17.4 percent for single family homes but increased 6.3 percent for Condo/TIC/Coop properties. Pending Sales decreased 6.7 percent for single family homes and 14.4 percent for Condo/TIC/Coop properties.
The Median Sales Price was up 10.9 percent to $1,500,000 for single family homes and 17.0 percent to $1,237,500 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 33.3 percent for single family units and 16.0 percent for Condo/TIC/Coop units.
New tax legislation could have ramifications on housing. The White House believes that the tax reform bill will have a small impact on home prices, lowering them by less than 4 percent, and could conceivably boost homeownership. The National Association of REALTORS® has stated that eliminating the mortgage interest deduction could hurt housing, as the doubled standard deduction would reduce the desire to take out a mortgage and itemize the interest associated with it, thus reducing demand. This is a developing story.
Click here for full report: SFAR_MarketFocus_2017-Nov
This life will go by fast.
Don’t fight with people, don’t criticize your body so much, don’t complain so much.
Don’t lose sleep over your bills. Look for the person that makes you happy. If you make a mistake, let it go and keep seeking your happiness.
Never stop being a good parent. Don’t worry so much about buying luxuries and comforts for your home, and don’t kill yourself trying to leave an inheritance for your family. Those benefits should be earned by each person, so don’t dedicate yourself to accumulating money.
Enjoy, travel, enjoy your journeys, see new places, give yourself the pleasures you deserve. Allow dogs to get closer. Don’t put away the fine glassware. Utilize the new dinnerware; don’t save your favorite perfume, use it to go out with yourself; wear out your favorite sport shoes; repeat your favorite clothes.
So what? That’s not bad. Why not now? Why not pray now instead of waiting until before you sleep? Why not call now? Why not forgive now? We wait so long for Christmas; for Friday; for Reunions; for another year; for when I have money; for love to come; when everything is perfect…look…
Everything perfect doesn’t exist. Human beings can’t accomplish this because it simply was not intended to be completed here. Here is an opportunity to learn.
So take this challenge that is life and do it now…love more, forgive more, embrace more, love more intensely and leave the rest in God’s hands. Amen.
These four older ladies who lived in Naples, Italy, usually sat outside together near the church and chatted about when they were younger.
One month ago they pooled their money together and bought a laptop.
Never having been to, but having heard all about Florida, they just happened to click on St. Augustine, Florida.
They read all about the Fountain of Youth, claimed by the Spaniards when they arrived there.
They collected up all they had left and sent for four bottles of the water.
As soon as it arrived, they drank as directed.
The rest of this story will make you a believer, because here they are today…
No. This is TRUE! Really!
Would we lie to you?
We have a limited supply of this water available at an incredibly low price of just $199.95 a bottle Plus S & H and a separate fee.
Seriously. Hurry before the inventory runs out!
Make checks payable to: Republican National Committee.
You can trust us: You know we would NEVER lie to you, especially about your healthcare or your taxes.