You are here
Paul Rosso's Real Estate Updates 

Consumer Confidence Is Up Dramatically

Confidence in the economy is starting to cause consumers to think about their dream home again.  This is great news for the housing market. It looks like Americans are regaining faith in the U.S. economy.  Numerous indexes, such as The University of Michigan Consumer Sentiment Index and The Conference Board Consumer Confidence Survey, have shown a dramatic jump in consumer confidence in their latest surveys. This usually means good news for the housing market when the country sees an optimistic future.  People begin to dream again about the home their…





Read More
Paul Rosso's Real Estate Updates 

The Top Reason To Sell Now…Not The Spring

I always believe that one of the best times to sell your home the first quarter of the year and not the spring…and here is why: The price of any item, including residential real estate, is determined by “supply and demand”.  If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of Realtors, the supply of homes dramatically increases every spring.  As an example, here is what happened to housing inventory at…





Read More
Paul Rosso's Real Estate Updates 

Predictions For The 2017 Real Estate Market

As the New Year begins, I am starting to turn my attention to the incredible year it is shaping up to be in our local market area. So, I thought I would share with you my predictions for the 2017 real estate market. First, I believe that sales of existing-homes will increase locally this year.   Nationwide, it looks like sales of existing-homes this year will reach the 6 to 6.5 million range, higher than the 5.8 million sold in 2016. Second, I’m predicting that home prices will increase this year…





Read More
Paul Rosso's Real Estate Updates 

Top 12 Tips for a Safer Holiday Home

Our world is full of risk at every turn—from perilous jobs to dangerous driving conditions. That’s why we all love to get back to our homes and not worry about everyday safety hazards. It’s great to feel comfortable and safe at home, but is it as safe as it can be?   Your home should be your haven: the place where you will be protected from harm. It should be a top priority, and yet every year 1200 people or more visit the emergency room during the holiday months due…





Read More
Paul Rosso's Real Estate Updates Slider - Homes 

Wall Street Journal: Housing Recovery Picks Up Steam

Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article says it best: “Home prices are back to near-record highs across the U.S. amid rising demand and supply constraints, a sign that thelopsided housing-market recovery of the past five years is gaining some strength.” (emphasis…





Read More
Paul Rosso's Real Estate Updates Slider - Homes 

A Possible Housing Meltdown? These Experts Respectfully Disagree

We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market. Lawrence Yun, Chief Economist at NAR: “In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.” Jonathan Smoke, Chief Economist at realtor.com: “We…





Read More