More Listings to Come?

The National Association of Realtors’ quarterly Housing Opportunities and Market Experience survey reports that 71 percent of homeowners believe that now is good time to put a house on the market up from 61 percent in the second quarter of 2016. On the other hand, the reports shows that Americans are less confident in the economy and their personal financial outlook.

Housing affordability remains a big problem due to slow wage growth and rising home prices, especially in the more expensive areas of both coasts.

According to The Mercury News, the median price for a single-family home reached an all-time high in May at $818,000.

Leave a Comment