FHA Mortgage lenders AK

The number of homes sold in Arkansas’ four largest metro areas continues to rise, but the average home sale price declined during September in the state’s two largest metro areas. During the first nine months of 2013 the number of homes sold in the four markets totaled 15,765, up more than 13.2% compared to the 2012 period and at a level not seen since the robust housing market of 2007. 

 

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The value of homes sold in the four markets during the first nine months of 2013 was $2.653 billion, up 16.7% compared to the same period in 2012 and up almost 30% compared to the same period in 2011.The average price of homes sold during the first nine months in the four markets was $168,319, up 3.08% compared to the same period in 2012 and up 13.3% compared to the same period in 2011.Homes are also selling faster. The average days on market so far in 2013 is 88.23, better than the 96.91 in 2012 and 101.04 in 2011.For the first nine months of 2013, the number of homes sold in central Arkansas are up 10.93%, up 11.58% in the Jonesboro area, up 18.47% in Northwest Arkansas, and up 7.3% in the Fort Smith area.

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FHA Mortgage Lenders MA

Not shocking our beloved, crazy expensive Bay State has the second highest listing prices in the country. The average listing price for a four bedroom, two bathroom home in Massachusetts tops out at $510,736. That's No. 2 in the country, even beating out the Golden State, which weighs in at $473,301, followed by New Jersey, at $431,671  and Connecticut, at just under $400,000.

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Hawaii sellers though are in a whole different greed category, with an average listing price of $722,964.

Still, it does make you wonder. After all, a little good news goes a long way when it comes to inflating the expectations of home sellers. And, as we all know, prices are certainly on the rise again, soaring by double digits.

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In fact, what I found really surprising were listing prices in middling suburbs like Natick, Acton, Canton and Sharon - all are approaching or over $600,000. So the MA sellers seem to be pushing the realtors to list their properties higher than the last house that sold and is creating what could be another housing bubble. 2014 will be a year of increased market values and low inventory. 

FHA Mortgage lenders can help you buy your dream home today!