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🌍Located in Athens, Greece
Commute car-free from @grandcentralnyc to the tranquility of living steps from shore, reachable by express in as little as 52 minutes plus a relaxing stroll down the sidewalks of Sound Beach Ave.
28 Bryon Road | MLS 101634
BUILDING ON CONFIDENCE.
The National Association of Home Builders (NAHB) released their December Housing Market Index showing Builder Confidence is now at the highest level since 1999. A reading above 50 is positive and December’s was at 74—highest in 18 years! The rise in optimism can be partly attributed to the new tax plan.
First-time homebuyer demand also hit a record high during the third quarter of 2017, coming in at the highest level in 17 years and up 6% year over year. These folks accounted for 56% of all purchase mortgages financed in the third quarter.
Affordability is a growing concern among the rental community, with almost half of all renters considered “cost-burdened” and devoting over 30% of their income to housing. It’s no surprise when the share of new units at $850/month dropped from 42% to 18%. Rental inventory is catering more towards the high-end market and rental market growth is slowing down.
Like many counties, the average sales price for Washtenaw County single-family homes went up 6.2% in 2017 from 2016, and homes flew off the market. For example, for a home in Chelsea, the average number of
days on the market this year was only 32 days compared to 56 days in 2016. That's crazy. #DHallTheINSIDER [📸: @lakegenevaarchitects] #home#curbappeal#housing#millennials#rentvsbuy#homesweethome#realestate#homesforsale#homesearch#househunting#homeowner#homebuyer#instagood#instahome#homedesign#architecture#exteriordesign#housebeautiful#renting#mortgage#loanofficer#realtor#michiganrealestate [NMLS #1467435]