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Brisk Home Sales Set Post-Recession Records

by Lisa Bray

Brisk Home Sales Set Post-Recession Records

After a brief dip in April home sales, the U.S. housing market returned to seasonally high sales in May, increasing 20.6% from the previous month and 4.3% from May 2016, according to the June RE/MAX National Housing Report. In fact, it was the strongest May in terms of home sales in the nine-year history of the report.

The average Days on Market for homes sold in May 2017 was fifty-one, down six days from the average in April 2017, and down seven days from the May 2016 average. The number of homes for sale in May 2017 was down 0.6 percent from April 2017, and down 16.2 percent from May 2016.

Based on the rate of home sales in May, the Months Supply of Inventory was 2.6, compared to April 2017 at 2.8 and May 2016 at 3.0. This is the third month in a row months supply has been below 3.0. A 6.0-months supply indicates a market balanced equally between buyers and sellers. In May 2017, fifty-two of the fifty-three metro areas surveyed reported a months supply of less than 6.0, which is typically considered a seller’s market.

Want to know more about the current real estate market? Click here to download your copy of the June 2017 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in the West Valley, please contact Lisa Bray. I will be happy to provide a free market analysis of your home, and I am deeply committed to helping you reach your real estate goals on step at a time.

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
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“Delivering More than Just a Home”

Proud to be a Certified Residential Specialist

by Lisa Bray

Proud to be a Certified Residential Specialist

I’ve got great news! I’ve just recently earned my CRS Designation, and I am now a Certified Residential Specialist. The CRS designation is the highest credential awarded to residential sales agents, managers, and brokers from the esteemed Council of Residential Specialists.

As a proud member of the National Association of REALTORS®, I have the unique opportunity utilize their wide-range of programs and services to help me increase my skills, proficiency, and knowledge so that I can be of better service to my community and to my wonderful clients.  Education and experience is the foundation of being a Certified Residential Specialists, and I am proud to have earned this honor.  

Less than four percent of the more than one million REALTORS® in business today hold the prestigious Certified Residential Specialist (CRS) Designation, the highest professional designation awarded to REALTORS® in the residential sales field. That's because just one in twenty-five has the experience, the commitment and the hours of advanced training necessary to call themselves a Certified Residential Specialist.

And as new CRS designation recipient, I promise to continue to provide the expert level of service you’ve come to expect from me over the years and more. So whether you’re looking to sell your Arizona home or buy an Arizona home, let a newly Certified Residential Specialist with a proven track record of success guide you every step of the way!

Lisa Bray

RE/MAX Professionals

www.LisaBray.com

602-762-3691
Join me on
Facebook!

Search the MLS Now!

“Delivering More than Just a Home”

 

Displaying blog entries 1-2 of 2

Contact Information

Photo of Lisa Bray Real Estate
Lisa Bray
RE/MAX Professionals
10320 W McDowell Rd, Suite B2005
Avondale AZ 85392
(602)762-3691
Fax: (888)277-2250