Some recent positive signs for home buyers and sellers:

  • Home equity rose by $12,500 for the average homeowner over the last four quarters, according to CoreLogic.
  • Existing-home sales rose in November for the third consecutive month, according to the National Association of Realtors.
  • Sales of new single-family houses rose 5.2 percent in November, according to the U.S. Census Bureau and the Department of Housing and Urban Development.
  • The National Association of Home Builders is forecasting a 10 percent increase in single-family production for 2017 and a 12 percent rise for 2018.

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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