Final 2015 Housing Numbers Now In

    Final 2015 Housing Numbers Now In | Keeping Current Matters

    Many have questioned the stability of certain sectors of the U.S. Economy, one section in particular is the housing market. Today we would like to share how the experts feel about how we ended 2015 and where they think we are headed in 2016.

    How did we do in 2015?

    The National Association of Realtors

    “Overall, a resilient U.S. economy and very solid job growth in recent years made 2015 a great rebound year for the housing market.

    Existing-home sales were at the highest pace (5.26 million) since 2006 (6.48 million) and the Pending Home Sales Index came in at an average of 108.8, the highest annual reading since…you guessed it: 2006 (111.7).”

    The National Association of Home Builders

    “With the December report on housing starts and permits, preliminary totals for 2015 are now available. Total housing starts at 1.11 million were up 10.8% in 2015 compared to 2014. Single-family starts were up 10.4% to 715,300. All four census regions also experienced increases in single-family starts for 2015.”

    What can we expect to start 2016?

    Jonathan Smoke, Realtor.com Chief Economist

    “All indicators point to this spring being the busiest since 2006…

    Demand for for-sale housing will grow and will continue to be dominated by older millennials, aged 25 to 34. This demographic has the potential to claim a third of home sales in 2016 and represent 2 million home purchases.”

    If you are thinking of Selling check us out at www.ShookSells.com and see what we do to get homes SOLD!

    You can also get a FREE Market Valuation of your home at www.HassleFreeHomeReport.com!

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    Burgandy Poynter

    Hi! My name is Burgandy and I’m the Listing Manager for the Shook Home Group. I was born and raised in Texas and LOVE exploring what the beautiful Pacific Northwest has to offer! My husband and his military career brought me all the way across the country and I couldn't have picked a better place to land! From start to finish, my goal is to make sure that we are exceeding our personal marks in getting your home the best marketing exposure that it can. I enjoy connecting with my clients, learning more about them and helping them reach their goal of getting their home sold! Your home is a very important financial part of your life and with me by your side, you can rest assured that it is in good hands: We will treat it and cherish it as our very own!!

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