April 25th, 2019 6:25 PM by Eric Willner
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Real Estate Opportunities are everywhere and in every market. Wednesday’s are when The Real Estate Show shares its Midweek Report: Sales Fell, Prices Increased, Interest Rates, Inventory and Other Real Estate Opportunities Signals You Should Know. Each person’s interpretation of what Real Estate Opportunities are May differ, but the data needed is largely the same. Check out today’s full show by clicking on the shows link above or read the summary below.
The first big number comes from the existing home sales numbers which fell in March, following February’s big sales numbers, according to the National Association of Realtors, and is the first of the signs of good Real Estate Opportunities. Each of the four major regions in the United States saw a drop off in sales, with the mid west feeling the largest decline last month. Total existing home sales, that is completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9% from February. Sales as a whole, are down 5.4% from a year ago in March 2018.
The market strength still showed in that the median existing home Price for all housing types was $259,400, up 3.8% from the same time last year, when it was $249,800. More evidence of Real Estate Opportunities. Total housing inventory was up 2.4% from a year ago, and unsold inventory is now at a 3.9 month supply, which is up from 3.6 months last year. These increases in inventory are highly desirable ( more selection/Real Estate Opportunities) which also help keep home prices in check. NAR’s chief economist, Laurence Yun.
If you are serious about finding Real Estate Opportunities, then find out more on today and everyday’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 8 o’clock (EST) on Florida’s Money Talk Radio station WSBR AM740, FM 96.9, and FM 103.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share our Facebook updates.
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TimeToFixMyCredit.com for Financial Education and Credit Improvement
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MackBuysHouses.com for a fast cash offer on Real Estate
MackSellsHouses.com for great deals on Real Estate Investments
MackBargainHouseHunters.com to Partner on Real Estate Deals
Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way. You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.
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