Spring 2012 National Real Estate SummaryUS Market Snapshot

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

Click here for full article...


Recently Updated Market Conditions & Trends

Chicago Edison Park, IL – Local Market News
- We can believe in the recovery! My buyers have asked to increase their price point because the inventory simply is not there...SOLD! We are getting... Read Full Blog
Park Ridge, IL – Local Market News
- We can truly start to believe in the recovery! Most of my buyers have asked to INCREASE their price point because the inventory is simply not there... Read Full Blog
Pine Ridge Naples, FL – Local Market News
- NAPLES FLORIDA - MEDIAN PRICE CONTINUES TO CLIMB FIVE MONTHS OF PRICE GAINS Naples, FL (May 25, 2012) - Prices and optim... Read Full Blog
Fernley, NV – Local Market News
- April 2012 sales for Fernley are the fifth highest in the history of MLS and were only exceeded by the boom years, as well as April 2010, which was... Read Full Blog