Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
617-615-9435617-615-9435

National Association of Realtors Existng Home Sales Report

We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. A major report released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house.

THE EXISTING HOME SALES REPORT

The most important data revealed in the report was not sales but was instead the inventory of homes for sale (supply). The report explained:

Total housing inventory rose 4.1% from December to 1.52 million homes available for sale.
Unsold inventory is 9.5% lower than a year ago, marking the 32nd consecutive month with year-over-year declines.
This represents a 3.4-month supply at the current sales pace.

According to Lawrence Yun, Chief Economist at NAR:

“Another month of solid price gains underlines this ongoing trend of strong demand and weak supply. The underproduction of single-family homes over the last decade has played a predominant role in the current inventory crisis that is weighing on affordability.”


Michael Mahoney Realtor

Comments are closed.

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

Community Events

Cityside Comedy Presents Sydnee Washington! (NO COVER, 21+)

Boston Comedy Shows

Cityside Comedy is thrilled to have Sydnee Washington on the show! She’s been featured on VH1, MTV, Tru TV and recently named a “UpNext” Comedian on Comedy Central. Every Monday CitySide Comedy takes place at Cityside Bar (1960 Beacon St....

Social: Drinks & Dragons

The Boston Dungeons & Dragons Meetup Group

This the normal monthly meetup. Please not this will now be on Tuesdays instead of Thursdays. We're having another Drinks & Dragons meetup! Come drink and tell war stories with other role-players at The Asgard in Central Square. A big group of us...

Peaceful Garden — A Mindfulness Community

PEACEFUL GARDEN

We are an interfaith group that practices mindful living as taught by Thich Nhat Hanh. While our regular sessions are based on Buddhist practices, members are encouraged to appreciate and deepen the practice of their own tradition. Our practice...

ADHD Adult support group Boston & the South Shore

CHADD Boston/Milton ADHD Support Groups

This is a free support group for Adults with ADHD. We will be meeting monthly. We will meet on the third Wed of the month starting this June (2015.)