The 2017 real estate outlook continues to be strong, at least according to the recently published mid-year forecast from the National Association of REALTORS
. However, many markets continue to experience inventory shortages - in both resale and new construction. The low supply, coupled with increasing demand, has forced prices to skyrocket in many major markets across the country. Yet, amidst those supply shortages, the forecast still calls for increased sales throughout the rest of 2017. The equation here seems to complicate the facts of simple economics, but just below the surface, there are many other factors at play that continue to drive buyers into the market, despite these many challenges. Read the full report on Realtor.com!
With the warmer weather of the summer months approaching, if you're like many others, you may be planning on enjoying more time in your home's outdoor spaces (after all, that's what they're there for right?). To get the most out of your outdoor living spaces, you may want to check out these tips from Houzz
for improving those areas! They have some simple ideas from adding greenery, to more involved projects, like adding an outdoor kitchen or deck! And for the ultimate backyard summer experience, check out this list of 32 fun things to do with your backyard this summer
from LighterSide of Real Estate!