The demand for new homes is at a record high, but the inventory of new homes available is at a record low. A new poll done by Fannie Mae finds that only 25% of homebuyers think it's a good time to buy a home, while 69% are convinced it's a good time to sell. Experts are Continue Reading
NextHome Ranked The No. 1 Franchise In The Country, Again
NextHome was recently named No. 1 on Franchise Business Review’s list of the Top Franchises for 2022. This is the 17th annual ranking of the 200 best franchise opportunities as rated by franchise business owners and NextHome’s second year in a row receiving the No. 1 Continue Reading
December 2021 Market Update
The 2021 real estate market was anything but normal. However, industry experts are projecting that home inventory should increase in 2022 which would slow price appreciation. With experts projecting a rise in inventory and mortgage rates remaining relatively low, both buyers Continue Reading
November 2021 Market Update
As inventory in the Greater Harrisburg Area remained low, the market also began to slow down as the holiday season approached. The average days on market in November stayed at only 20 days, which was consistent with the previous months and a slight decrease in days on market Continue Reading
October 2021 Market Update
Inventory is low and homes are still selling fast! In the U.S., homes spent an average of 45 days on the market, which was eight days fewer than the previous year. Home prices are still slightly higher compared to last year but may begin to lower when compared to the summer Continue Reading
September 2021 Market Update
According to Realtor.com's September report, the market is beginning to move in favor of buyers. Median listing prices are starting to decline as the market starts to steady. While the median listing price nationwide in September was up 8.6% from the previous year, the Continue Reading
August 2021 Market Update
The bidding wars that had been occurring for several months all around the country began to slow down in August. Though the demand for homes is still strong, the market began to cool down as fall approached and the school year started back up. According to Redfin, 58.8% of Continue Reading
July 2021 Market Update
As the median listing prices steady, there are hopes of a positive change in the market for homebuyers, according to Realtor.com. Nationally the inventory of new homes on the market was lower than the previous year, according to Realtor.com, there were 305,000 fewer homes Continue Reading
Putting Humans Over Houses
In 2020 NextHome released a new platform, Humans Over Houses, that brought real-time real estate market information right to your fingertips easier than ever with podcasts, videos, and resources from experts that helped to navigate the real estate market. In 2021 Continue Reading
June 2021 Market Update
In June the average days on market continued to decrease and was at only 16 days on the market in the Greater Harrisburg Area, over a 50% drop from June 2020 which was an average of 45 days on market. New listings increased by almost 200 from 844 in the previous month to Continue Reading
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