Open House Schedule this weekend September 29 to 30!

This week highlights 4 properties including a new listing!

http://nexthomecityrealty.com/open-houses/
📣 3798 Newport Way Drive, Waterford Twp 48329 on Sunday with Steve K
12 PM to 2 PM

BIRCHWAY (8)

Come see this beautiful open floor plan Snug Harbour Ranch featuring 85′ on All Sports LOON LAKE. Enjoy privacy and security in this private gated community. This is a perfect home for entertaining with its huge kitchen and Great Room spaces. Relax in your Master Bedroom with beautiful lake views. Your ensuite features ceramic tile, a large soaking tub and glass walk-in shower. Enjoy awesome summer activities in your FINISHED 2000+ sqft walk out basement. This space will amaze you with it’s versatility and charm. Your glass block custom built bar will be enjoyed by everyone. The oversize lower level bedroom and full bath is perfect for your summer activities. Your garage is listed as a 3 car. You’ll find that and much more making this space perfect for a car enthusiast.
📣 39153 University Dr. Sterling Heights, 48310 on Sunday with Steve F.
1 PM to 3 PM

BIRCHWAY (9)

Move right in! Beautiful updated ranch in sought after area. Gorgeous dark Hardwood floors throughout most of home. Open to the family room, the Kitchen boasts neutral ceramic tile, light oak cabinets and a generous eating area. Nearby wet bar offers easy entertaining. Grand family room with gorgeous stone gas fireplace, hardwood floors, cathedral ceiling and double doors leading out to the brick paver patio. Don’t miss the spacious bedrooms and updated baths with granite countertops. Lower level has a recreation room complete with gas fireplace and another wet bar for entertaining. Tons of storage too! Private, fenced back yard with hot tub and beautiful landscaping. All this and a convenient location close to shops, restaurants and entertainment. BATVAI
📣 4021 COMMERCE Road, Orchard Lake 48324 with Chris
Saturday at 2 PM to 5 PM
Sunday at 12 PM to 3 PM

BIRCHWAY (3)
Seller will entertain offers between $2,000,000 – $2,350,000. The pictures are good but you need to see this house to experience it. Overlooking the most sought after lake in Michigan, is this Aspen inspired gem. Breathtaking views of the lake from every room, the entire back of the house is glass. Spectacular unconventional design, two grand staircases with wood/iron detailing, and an elevator that goes to all 3 levels. Soaring 2 story Great Room with detailed moldings, floor to ceiling windows. Barrel roof and wood trim detailing in family room and spacious library with gorgeous Brazilian hardwood floors and 3 walls of bay windows. Amazing kitchen with Cherry LaFata cabinets, enormous granite island with second sink, SS top-of-the-line appliances including Thermador 8 burner oven/stove. Grand master suite with his/hers closets, huge bath with euro shower, separate jetted tub, his/hers vanities with space left over for a couch! Two other En-suites with walk-in closets. BATVAI
📣 12915 Scott Road, Springfield Twp on Saturday with Gayle
12 PM to 2 PM

BIRCHWAY (10)

Pride of Ownership shows. 4 bedroom 2 1/2 bath home on a beautiful 2.63 acres. First floor owners suite with updated master bath. Open, airy first floor with kitchen and eating area. Beautiful views from inside and out. Large deck off great room. Two car attached garage. Full unfinished basement with 8′ ceilings ready for your personal touch. Home has three outbuildings. BATVAI

How Much Has Your Home Increased in Value?

blog increase value

Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.

CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.

The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from July 2017 to July 2018 (the latest data available).

blog increase value 2

It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor which determines how much your home has appreciated over the course of the last year.

Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.

Bottom Line
If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.

Open House Schedules this weekend of September 22 and 23

OPEN HOUSE
📣 7605 Devins Ridge, Independence Twp 48348 on Sunday with Gayle
12 pm to 3 PM
218061113

 

oh devins canva

Bridge Valley Family Resort. All on 1.5 acre lot. Estate boasts 5 bedrooms, 2 owner suites with private baths, jetted jacuzzi and showers. Two story great room with surround sound, gorgeous built ins, fieldstone gas fireplace and large windows for beautiful views of nature. Open concept kitchen perfect for entertaining. Home has granite and tile baths throughout. Customized laundry and mudd room with granite sink, cabinet and cubbies. Lower level is a finished waikout with large family room surround sound, stone gas fireplace built-in cabinetry. Full bath, ample storrage. Exterior has an in ground heated 36×18 pool with diving board. Breathless landscaping and ample yard to play. . Much, much more.

 

OPEN HOUSE
📣 3798 Newport Way Drive, Waterford Twp 48329 on Sunday with Steve K
REDUCED PRICE ANNOUNCED
12 PM to 2 PM
218023288

oh newport canva

Come see this beautiful open floor plan Snug Harbour Ranch featuring 85′ on All Sports LOON LAKE. Enjoy privacy and security in this private gated community. This is a perfect home for entertaining with its huge kitchen and Great Room spaces. Relax in your Master Bedroom with beautiful lake views. Your ensuite features ceramic tile, a large soaking tub and glass walk-in shower. Enjoy awesome summer activities in your FINISHED 2000+ sqft walk out basement. This space will amaze you with it’s versatility and charm. Your glass block custom built bar will be enjoyed by everyone. The oversize lower level bedroom and full bath is perfect for your summer activities. Your garage is listed as a 3 car. You’ll find that and much more making this space perfect for a car enthusiast.

 

OPEN HOUSE
📣 102 E Hickory Grove, Bloomfield on Saturday with Chris
12 PM to 2 PM

BIRCHWAY (4)

Totally renovated in the last few years. Gorgeous new kitchen with white wood cabinets with soft close doors, quartz countertops and patterned aluminum backsplash. New laminate floor that looks like ceramic tile! Refinished, original wood floors on first floor, new carpet upstairs and in lower level, new Theratru doors and Oxbow windows. Freshly painted in soft, neutral palate. Updated baths. Upstairs bath is a European “wet room” which makes it 100% waterproof! Barrier free shower and euro modern fixtures. Three spacious bedrooms. Lower level is partially finished with small bar area and large rec. room. One car shared garage. Private rear patio. Furnace has had major overhaul, only the body is old. Amazing location!! Close to downtown Birmingham and easy access to I-75 too. Award winning Bloomfield Hills schools.

 
OPEN HOUSE
📣 4021 COMMERCE Road, Orchard Lake 48324 on Saturday and Sunday with Chris
3 PM to 5 PM

218010679

 

BIRCHWAY (3)
Seller will entertain offers between $2,000,000 – $2,350,000. The pictures are good but you need to see this house to experience it. Overlooking the most sought after lake in Michigan, is this Aspen inspired gem. Breathtaking views of the lake from every room, the entire back of the house is glass. Spectacular unconventional design, two grand staircases with wood/iron detailing, and an elevator that goes to all 3 levels. Soaring 2 story Great Room with detailed moldings, floor to ceiling windows. Barrel roof and wood trim detailing in family room and spacious library with gorgeous Brazilian hardwood floors and 3 walls of bay windows. Amazing kitchen with Cherry LaFata cabinets, enormous granite island with second sink, SS top-of-the-line appliances including Thermador 8 burner oven/stove. Grand master suite with his/hers closets, huge bath with euro shower, separate jetted tub, his/hers vanities with space left over for a couch! Two other En-suites with walk-in closets

OPEN HOUSE
📣 175 Wimbleton, Birmingham on Sunday with Chris
12 PM to 2 PM

218011832

oh wimbleton canva
This 3 bedroom 2.5 bath spacious ranch overlooks the scenic Rouge River. You’re within easy walking distance to all of Birmingham’s amenities, Poppleton Park, the Farmer’s Market (every Sunday), and even a large grocery store. Great Poppleton Park neighborhood, easy commute to downtown Detroit, less than 30 minutes. Wood floors through out and open concept spacious kitchen, living and dining area with 2 fireplaces. The home is very well insulated, low utility costs, perfect condo alternative with maintenance free landscaping including sprinkler system. 2 car attached garage. All season back porch and decks so you can sip your morning coffee or have dinner with family and friends while surrounded by nature. Handicap accessible. Updated kitchen and baths in 2003.

 

OPEN HOUSE
📣 8950 Morning Mist Dr, Independence Twp on Sunday with Paul
1:00 PM TO 3:00 PM

218049993

BIRCHWAY (5)

Gorgeous, spacious, open floor plan, this stately home is an entertainers dream! The open first floor boasts cathedral ceilings in the Living room and Great room, formal dining room, cozy den and a spacious back hallway complete with a lav, and large laundry/mudroom. Upstairs has 3 spacious bedrooms and a master bedroom ensuite complete with huge walk-in closet and jetted tub. Finished lower level is right out of a 1950’s diner! Snack bar complete with a vintage chrome soda fountain dispenser, with commercial water carbonator and chiller. Huge TV/Movie home theatre area and a full bathroom, yet still tons of storage space too! Professionally landscaped yard with low voltage lighting, fountain and stone steps leading from the deck down to the lower level walk-out basement. Private, relaxing, quiet, treed backyard overlooks small pond at the end of the property. This home has been meticulously maintained. Natural gas generator. BATVAI

Homeownership is a Dominant Gene

bLOG - HomeownerThere are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents.

Children are More Likely to Own a Home if Their Parents Did
According to an analysis of millennial homeowners, the homeownership rate of those whose parents rent their homes is 14.4%, while the rate amongst millennials whose parents are homeowners is 31.7%!

“A young adult’s odds of homeownership are highly correlated with their parent’s homeownership.

Without controlling for such factors as age, income, education, marital status, and race or ethnicity, there is a 17 percentage-point gap between the homeownership rate for young adults whose parents are renters and young adults whose parents are homeowners.”

The study also revealed that as a parent’s net worth increases, so does the likelihood that their child will own a home. These two findings are not surprising as we know from the Survey of Consumer Finances that a homeowner’s net worth is 44x greater than that of a renter.

So, a parent who is a homeowner will have more wealth which will, in turn, increase the chances that their children will own their own homes in the future.

Below is a breakdown of the relationship between a parent’s wealth and a millennial’s likelihood to own a home.

 

Blog - Homeowner 2

The Good News: The high homeownership rate amongst baby boomers (likely the parents of many millennials) is a great sign that millennials will want to own homes. We are already seeing this in the high-demand environment that we are currently experiencing in the starter and trade-up markets.

Bottom Line
Even though millennials took longer than many of the generations before them to start home searches of their own, the data shows that they will not be waiting much longer!

If You Are Thinking of Selling You Must Act NOW!

Blog -- sell act nowIf you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the best time to sell something is when the supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:

“Contract signings inched backward once again last month, as declines in the South and West weighed down on overall activity.”

Yun goes on to say:

“The reason sales are falling off last year’s pace is that multiple years of inadequate supply in markets with strong job growth have finally driven up home prices to a point where an increasing number of prospective buyers are unable to afford it.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies.

Bottom Line
As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.

Open House Schedules for Weekend of September 15!

OPEN HOUSE
📣 3007 N. Vermont Royal Oak on Saturday with Leslie 12 PM to 2 PM
Sunday with Chris 11:30 AM to 1:30 PM
BIRCHWAY (6)
Immaculate Royal Oak brick bungalow in popular Red Run Heights neighborhood just blocks away from Red Run Golf Club and Red Run Park. This move-in ready 3 bedrooms home has 2 full baths, all beautifully updated in 2015. Kitchen offers granite counter tops, stainless steel appliances and ceramic floors. Beautiful hardwood floors on main level with a spacious family room that includes a gas fireplace and tons of natural light. Spacious Master bedroom has beautiful master bath and lots of closet space. Large finished basement for additional living space. Fully landscaped fenced in back yard with mature trees and large deck, perfect for outdoor entertaining. Welcome to your new home! Licensed agent must be present at all showings.
OPEN HOUSE
📣 102 E Hickory Grove, Bloomfield on Saturday 12:00 PM TO 2:00 PM with Chris
BIRCHWAY (7)
Totally renovated in the last few years. Gorgeous new kitchen with white wood cabinets with soft close doors, quartz countertops and patterned aluminum backsplash. New laminate floor that looks like ceramic tile! Refinished, original wood floors on first floor, new carpet upstairs and in lower level, new Theratru doors and Oxbow windows. Freshly painted in soft, neutral palate. Updated baths. Upstairs bath is a European “wet room” which makes it 100% waterproof! Barrier free shower and euro modern fixtures. Three spacious bedrooms. Lower level is partially finished with small bar area and large rec. room. One car shared garage. Private rear patio. Furnace has had major overhaul, only the body is old. Amazing location!! Close to downtown Birmingham and easy access to I-75 too. Award winning Bloomfield Hills schools.
OPEN HOUSE
📣 4021 COMMERCE Road, Orchard Lake 48324 on Saturday and Sunday 3:00 PM TO 6:00 PM with Chris
 OH_4021_Commerce_041518 (2)
Seller will entertain offers between $2,000,000 – $2,350,000. The pictures are good but you need to see this house to experience it. Overlooking the most sought after lake in Michigan, is this Aspen inspired gem. Breathtaking views of the lake from every room, the entire back of the house is glass. Spectacular unconventional design, two grand staircases with wood/iron detailing, and an elevator that goes to all 3 levels. Soaring 2 story Great Room with detailed moldings, floor to ceiling windows. Barrel roof and wood trim detailing in family room and spacious library with gorgeous Brazilian hardwood floors and 3 walls of bay windows. Amazing kitchen with Cherry LaFata cabinets, enormous granite island with second sink, SS top-of-the-line appliances including Thermador 8 burner oven/stove. Grand master suite with his/hers closets, huge bath with euro shower, separate jetted tub, his/hers vanities with space left over for a couch! Two other En-suites with walk-in closets
OPEN HOUSE
📣 175 Wimbleton, Birmingham on Sunday 12:00 PM to 2:00 PM with Leslie
BIRCHWAY (3)
This 3 bedroom 2.5 bath spacious ranch overlooks the scenic Rouge River. You’re within easy walking distance to all of Birmingham’s amenities, Poppleton Park, the Farmer’s Market (every Sunday), and even a large grocery store. Great Poppleton Park neighborhood, easy commute to downtown Detroit, less than 30 minutes. Wood floors through out and open concept spacious kitchen, living and dining area with 2 fireplaces. The home is very well insulated, low utility costs, perfect condo alternative with maintenance free landscaping including sprinkler system. 2 car attached garage. All season back porch and decks so you can sip your morning coffee or have dinner with family and friends while surrounded by nature. Handicap accessible. Updated kitchen and baths in 2003.
OPEN HOUSE
📣 8950 Morning Mist Dr, Independence Twp on Sunday 2:00 PM TO 4:00 PM with Paul
BIRCHWAY (5)
Gorgeous, spacious, open floor plan, this stately home is an entertainers dream! The open first floor boasts cathedral ceilings in the Living room and Great room, formal dining room, cozy den and a spacious back hallway complete with a lav, and large laundry/mudroom. Upstairs has 3 spacious bedrooms and a master bedroom ensuite complete with huge walk-in closet and jetted tub. Finished lower level is right out of a 1950’s diner! Snack bar complete with a vintage chrome soda fountain dispenser, with commercial water carbonator and chiller. Huge TV/Movie home theatre area and a full bathroom, yet still tons of storage space too! Professionally landscaped yard with low voltage lighting, fountain and stone steps leading from the deck down to the lower level walk-out basement. Private, relaxing, quiet, treed backyard overlooks small pond at the end of the property. This home has been meticulously maintained. Natural gas generator. BATVAI
For details and more photos, click here.

Open House Schedules for weekend of September 8 and 9

OPEN HOUSE
📣 7605 Devins Ridge, Independence Twp 48348 on Sunday with Gayle
12 pm to 3 PM

7605_Devins_Ridge

218061113

Bridge Valley Family Resort. All on 1.5 acre lot. Estate boasts 5 bedrooms, 2 owner suites with private baths, jetted jacuzzi and showers. Two story great room with surround sound, gorgeous built ins, fieldstone gas fireplace and large windows for beautiful views of nature. Open concept kitchen perfect for entertaining. Home has granite and tile baths throughout. Customized laundry and mudd room with granite sink, cabinet and cubbies. Lower level is a finished waikout with large family room surround sound, stone gas fireplace built-in cabinetry. Full bath, ample storrage. Exterior has an in ground heated 36×18 pool with diving board. Breathless landscaping and ample yard to play. . Much, much more.

 

OPEN HOUSE
📣 3007 N. Vermont RO on Saturday with Leslie
3 PM to 5 PM

3007_North_Vermont_Avenue

218075412

Immaculate Royal Oak brick bungalow in popular Red Run Heights neighborhood just blocks away from Red Run Golf Club and Red Run Park. This move-in ready 3 bedrooms home has 2 full baths, all beautifully updated in 2015. Kitchen offers granite counter tops, stainless steel appliances and ceramic floors. Beautiful hardwood floors on main level with a spacious family room that includes a gas fireplace and tons of natural light. Spacious Master bedroom has beautiful master bath and lots of closet space. Large finished basement for additional living space. Fully landscaped fenced in back yard with mature trees and large deck, perfect for outdoor entertaining. Welcome to your new home! Licensed agent must be present at all showings.

 

OPEN HOUSE
📣 3798 Newport Way Drive, Waterford Twp 48329 on Sunday with Steve K
12 PM to 2 PM

3798_Newport_Way_Drive (1)

218023288
Come see this beautiful open floor plan Snug Harbour Ranch featuring 85′ on All Sports LOON LAKE. Enjoy privacy and security in this private gated community. This is a perfect home for entertaining with its huge kitchen and Great Room spaces. Relax in your Master Bedroom with beautiful lake views. Your ensuite features ceramic tile, a large soaking tub and glass walk-in shower. Enjoy awesome summer activities in your FINISHED 2000+ sqft walk out basement. This space will amaze you with it’s versatility and charm. Your glass block custom built bar will be enjoyed by everyone. The oversize lower level bedroom and full bath is perfect for your summer activities. Your garage is listed as a 3 car. You’ll find that and much more making this space perfect for a car enthusiast.

OPEN HOUSE
📣 102 E Hickory Grove, Bloomfield on Saturday with Chris

12 PM to 2 PM
102_East_Hickory_Grove

218047895

Totally renovated in the last few years. Gorgeous new kitchen with white wood cabinets with soft close doors, quartz countertops and patterned aluminum backsplash. New laminate floor that looks like ceramic tile! Refinished, original wood floors on first floor, new carpet upstairs and in lower level, new Theratru doors and Oxbow windows. Freshly painted in soft, neutral palate. Updated baths. Upstairs bath is a European “wet room” which makes it 100% waterproof! Barrier free shower and euro modern fixtures. Three spacious bedrooms. Lower level is partially finished with small bar area and large rec. room. One car shared garage. Private rear patio. Furnace has had major overhaul, only the body is old. Amazing location!! Close to downtown Birmingham and easy access to I-75 too. Award winning Bloomfield Hills schools.

OPEN HOUSE
📣 4021 COMMERCE Road, Orchard Lake 48324 on Saturday and Sunday with Chris

3PM to 6PM

OH_4021_Commerce_041518

218010679
Seller will entertain offers between $2,000,000 – $2,350,000. The pictures are good but you need to see this house to experience it. Overlooking the most sought after lake in Michigan, is this Aspen inspired gem. Breathtaking views of the lake from every room, the entire back of the house is glass. Spectacular unconventional design, two grand staircases with wood/iron detailing, and an elevator that goes to all 3 levels. Soaring 2 story Great Room with detailed moldings, floor to ceiling windows. Barrel roof and wood trim detailing in family room and spacious library with gorgeous Brazilian hardwood floors and 3 walls of bay windows. Amazing kitchen with Cherry LaFata cabinets, enormous granite island with second sink, SS top-of-the-line appliances including Thermador 8 burner oven/stove. Grand master suite with his/hers closets, huge bath with euro shower, separate jetted tub, his/hers vanities with space left over for a couch! Two other En-suites with walk-in closets

OPEN HOUSE
📣 175 Wimbleton, Birmingham on Sunday with Chris

12 PM to 2 PM

OH_175_Wimbleton_Birmingham (2)

218011832

This 3 bedroom 2.5 bath spacious ranch overlooks the scenic Rouge River. You’re within easy walking distance to all of Birmingham’s amenities, Poppleton Park, the Farmer’s Market (every Sunday), and even a large grocery store. Great Poppleton Park neighborhood, easy commute to downtown Detroit, less than 30 minutes. Wood floors through out and open concept spacious kitchen, living and dining area with 2 fireplaces. The home is very well insulated, low utility costs, perfect condo alternative with maintenance free landscaping including sprinkler system. 2 car attached garage. All season back porch and decks so you can sip your morning coffee or have dinner with family and friends while surrounded by nature. Handicap accessible. Updated kitchen and baths in 2003.

 

For more details and photos,  here.

Open house schedules this Labor day weekend

Choice properties to visit this weekend hosted by Chris

OH_4021_Commerce_041518 (1)4021 Commerce Road, Orchard Lake
on Friday 5:30 to 7:30 pm
Saturday 10:00 am to 12:00 pm
Sunday 4:00 to 6:00 pm

Seller will entertain offers between $2,000,000 – $2,350,000. The pictures are good but you need to see this house to experience it. Overlooking the most sought after lake in Michigan, is this Aspen inspired gem. Breathtaking views of the lake from every room, the entire back of the house is glass. Spectacular unconventional design, two grand staircases with wood/iron detailing, and an elevator that goes to all 3 levels. Soaring 2 story Great Room with detailed moldings, floor to ceiling windows. Barrel roof and wood trim detailing in family room and spacious library with gorgeous Brazilian hardwood floors and 3 walls of bay windows. Amazing kitchen with Cherry LaFata cabinets, enormous granite island with second sink, SS top-of-the-line appliances including Thermador 8 burner oven/stove. Grand master suite with his/hers closets, huge bath with euro shower, separate jetted tub, his/hers vanities with space left over for a couch! Two other En-suites with walk-in closets

 

 

102_East_Hickory_Grove (1)

102 E Hickory Grove, Bloomfield Hills
on
Saturday 1:00 to 3:00 pm
Sunday 10:30 am to 12:30 pm

Totally renovated in the last few years. Gorgeous new kitchen with white wood cabinets with soft close doors, quartz countertops and patterned aluminum backsplash. New laminate floor that looks like ceramic tile! Refinished, original wood floors on first floor, new carpet upstairs and in lower level, new Theratru doors and Oxbow windows. Freshly painted in soft, neutral palate. Updated baths. Upstairs bath is a European “wet room” which makes it 100% waterproof! Barrier free shower and euro modern fixtures. Three spacious bedrooms. Lower level is partially finished with small bar area and large rec. room. One car shared garage. Private rear patio. Furnace has had major overhaul, only the body is old. Amazing location!! Close to downtown Birmingham and easy access to I-75 too. Award winning Bloomfield Hills schools.

 

 

807_East_Fourteen_Mile_Road (2)

807 E Fourteen Mile, Birmingham
on
Saturday 3:45 to 5:30 pm
Sunday 1:30 to 3:00 pm

Charming Birmingham ranch with tons of potential! Open and spacious floor plan. Two generous bedrooms and a beautiful tiled bathroom. Kitchen boasts lovely blue tiled accents, and all appliances stay! Back door opens to small deck overlooking the large, grassy yard. Oversized one car garage with tons of storage. Ideal location close to downtown Birmingham with it’s shops, restaurants, markets and activities. Nearby Woodward and access to freeways make your commute quick and easy.

For all property details click here.

Home Sales Expected to Continue Increasing in 2019

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019.

20180828-STM-ENG

 

 

As we can see, Freddie MacFannie Mae, and the Mortgage Bankers Association all believe that homes sales will increase steadily over the next year. If you are a homeowner who has considered selling your house recently, now may be the best time to put it on the market.