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New home sales increased in June, continuing the upward trend which began in May. Home prices finally decreased during June as total housing supply and the month’s supply at the current sales rate both decreased. from real estate news and flip houses http://bit.ly/2vIWmzD Real Estate Investing News proudly brought to you by Real Estate Sales LLC . Your Real Estate Investing Expert Coach
We’re not saying when we’re going higher because we don’t know, but mark your calendars for June 13, 2018 for the day the Fed flipped from stimulus to leaning against the economy. Powell’s second signal: "The U.S. economy is in great shape.” from real estate news and flip houses http://bit.ly/2HRMHvF Real Estate Investing News proudly brought to you by Real Estate Sales LLC. Your Real Estate Investing Expert Coach
Ninety percent of real estate firms expect to boost or maintain profitability in the next year, but not without struggles from advancements in technology, “competition from non-traditional participants,” and low inventory, according to the National Association of REALTORS®’ (NAR) 2 017 Profile of Real Estate Firms . Sixty-two percent of residential firms and 60 percent of commercial firms see profits rising over the next year, even as sales volume has slightly tempered: $6.2 million for residential firms in 2016, down from $6.3 million the year prior, and $4.0 million for commercial firms in 2016, down from $4.5 million the year prior. “Real estate firms continue to have a very positive outlook on the state of the industry,” says NAR President Bill Brown. “As the survey found, 90 percent of real estate firms expect net income to increase or remain the same over the next year, but for the second year in a row, low inventory and high prices have led to a slight decrease in real estate ...
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