Real Estate Market Trends

October 8th may seem like any other day, but it is actually quite special. RealtyTrac analyzed data from more than 32 million home sales over the last 15 years in order to find when homebuyers saved the most money. They determined that October 8th is the best day of the year to buy a home! This is just one of many interesting statistical findings detailed in the report. Which month is best for selling your home? Do people pay more or less on Friday? Find out the answers to these questions and many more in today's post!

Across the country, the short supply of houses available to prospective buyers has caused housing prices to surge, often by huge amounts. However, a new report from the National Association of Home Builders indicates that the issue of low supply may finally begin to reverse itself in the coming months. According to data from the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts in July reached the highest levels since October of 2007!

J.D. Power has just released their 2015 Home Buyer/Seller Satisfaction Study, which rates the major real estate brokerages in terms of customer satisfaction across four segments and several factors. For the second consecutive year, the Century 21® System has taken home the #1 spot in the survey, earning top scores in each of the four customer segments!