“Transaction activity for both listings and sales spiked to their highest monthly levels of 2016, reflecting an active market combined with seasonal norms,” according to the data and analysis provided in the latest Market View report issued this week.
To understand the latest residential real estate trends in this market, professionals all across our industry look to the indispensable data and analysis featured in this guide released by Market Trends LLC each month.
Researched, compiled, analyzed, and published by Joe Carpenter, one of our own brokers here at Fleisher Real Estate, the report features data on the number of real estate transactions and other key variables, measuring the total market opportunity and their respective market share.
Also in this month’s latest report, Joe included a chart that “provides a historical perspective of key indicators since the crash of 2008 for the period from January through June of each year.” To view the complete June 2016 Market View report, including commentary by Joe Carpenter and his proprietary charts, follow this link.
Real estate companies, brokers, mortgage companies, banks, appraisers, developers and other professionals rely on this report because, according to Market Trends, these trend indicators can display shifts in market direction well in advance of when they show up in prices and negotiating terms.
But what does that mean for you? While this is a report designed for industry professionals, it provides key insights that may provide individual buyers and sellers with an advantage as they approach their own transactions. We believe that knowledge is power, and like the report’s visionary Joe Carpenter, our entire team of experts believes in sharing our knowledge with our clients and the communities we serve. With this empowerment, we help set the stage for more successful transactions and more satisfied buyers and sellers.
If you are wondering how these trends may impact your own plans to buy or sell, contact Fleisher Real Estate today to begin the conversation.