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Housing Trends across the US

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with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL

 

Terry tells us why it makes sense to sell your home in August/September as opposed to waiting until its winter. She also tells us what she’s seeing – in terms of foot traffic – in her $300,000 – $1.5 million market range and what this means for housing in the fourth quarter of 2014 based on home supply and trends across the high and low ends of the housing market.

She tells us how much home prices could rise over the next three years, and where she expects mortgage interest rates to be in 2015 – and how all of this should factor into your home buying decision.

Steve shares some surprising data on average home price gains, year-over-year, in the West, Midwest, Northeast and South, and what the key takeaways are from recent quarterly earnings reports of publicly traded home builders such as Toll Brothers.