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August 2016 RE/MAX National Housing Report

by Lisa Bray

August 2016 RE/MAX National Housing Report 

It’s not unusual to see a midsummer slowdown in sales so it’s no surprise that July home sales fell in forty-nine markets by 8.8 per from July 2015 and by 13.1 percent from June according to the RE/MAX National Housing Report analysis of fifty-three U.S. cities. The Median Sales Price dropped slightly from June to $225,000, which is still 4.7 percent higher than one year ago.

Inventory has continued to tighten by dropping 3.0 percent lower than June and 16.6 percent lower than a year ago, resulting in a Months Supply of just 3.5. The average Days on Market dropped to fifty-three which is just one day less than the average in June and four days below last year.

“After a June jump in home sales, it's quite common to see July sales make a correction. This is a summertime pattern that we often see on a national level. Of course, one month doesn't make a trend and we still have a couple more months ahead in the traditional home-buying season. At the same time, it's important to note that, on a year-over-year basis, prices are rising at a moderate rate that's very much in line with historical averages," said Dave Liniger, RE/MAX CEO, Chairman of the Board and Co-Founder.

Click here for more information or to download your own copy of the August2016 RE/MAX National Housing Report. If you would like to sell your Arizona home or find the perfect home for sale in Goodyear or the surround communities of Avondale, Buckeye, El Mirage, Estrella Mountain, Tolleson and Litchfield Park 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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Fifth-Annual RE/MAX Month of Miracles

by Lisa Bray

Fifth-Annual RE/MAX Month of Miracles 

During the month of August, I am proud to share that I will be participating in the “Month of Miracles” here at RE/MAX Professionals. This month-long celebration is to help us raise awareness and much-needed funding support for our local Phoenix’s Children’s Hospital.

Did you know that every hour, there are approximately 97 children who undergo surgery at a Children’s Miracle Network Hospital? This is just one of the reasons I am honored to be among the hundreds of RE/MAX agent across the U.S. and Canada that donate a portion of every commission earned to support CMN. Over the last twenty-four years, we have raised more than $147 million which has funded life-saving treatments and care for the children in our community.

Some of you may know, but I am expecting my first grand-daughter this year and I am over the moon with excitement! In honor of my expanding family, I would like to ask for your help: will you stop by one of our six offices and donate to our goal of $10,000 to benefit the Phoenix Children’s Hospital? We are collecting pennies, nickels, dimes, quarters, cash and checks!

Our children are an essential part of our communities and giving back is just one of the ways we can ensure a bright and healthy future!

Lisa Bray
RE/MAX Professionals 
www.lisabray.com

602-762-3691
Join me on Facebook!
Search the MLS Now!

“More than Just a Home”

Displaying blog entries 1-2 of 2