KNOWING WHEN TO SELL YOUR HOME

KNOWING WHEN TO SELL YOUR HOME

IS NOW THE RIGHT TIME TO SELL? Of all the components involved in a successful home sale, there is perhaps no greater contributing factor than timing. Knowing when to sell your house gives you the best chance to make an impact when you hit the market. Every seller’s...
NORTH AMERICAN LUXURY MARKET REPORT FOR MAY 2021

NORTH AMERICAN LUXURY MARKET REPORT FOR MAY 2021

The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-square-foot – to provide you a comprehensive North American Luxury Market...
What to expect with rising mortgage rates

What to expect with rising mortgage rates

Inventory of homes for sale As you can see in the top chart, the number of homes for sale was measured at just over 1 million units. This is a woefully low number and one that we haven’t seen since the National Association of Realtors (NAR) started to gather...
APRIL 2021 LUXURY MARKET REPORT

APRIL 2021 LUXURY MARKET REPORT

NORTH IDAHO LUXURY MARKET REPORT FOR APRIL 2021 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer’s < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS®...