CoreLogic: Housing market nearly recovered from recession – Spring is coming – Can the Homebuyers Find You?
CoreLogic, a global property information, analytics and data-enabled solutions provider, released a report outlining the real estate economy from 2006 to 2017, showing that the housing market has nearly completely recovered from the recent recession.
In some areas, residential areas began to hit their peak levels as early as 2005, according to the company’s Evaluating the Housing Market Since the Great Recession report. The majority of home prices collapsed in 2007.
During the recession, home prices fell 33% nationwide, hitting their lowest in March 2011. Since then, home prices have risen once again by 51%. The average home prices is now 1% higher than its 2006 level and the average annual equity increase was $14,888 in the third quarter of 2017. This indicates the housing market has recovered in many parts of the U.S., according to the report. Read full article
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Homebuilders invest a lot of time, energy and resources to get potential home buyers to their new home communities but sometimes it’s hard to know where to spend your advertising dollars for the most effective return. When advertising you need to cover all the bases with the new social media marketing and traditional marketing but you can add the winning edge to your marketing efforts with quality directional signs from Accurate Sign Placement. You have many buyers out looking for new homes but with traditional GPS and maps the new street names may not be available. Accurate Sign Placement will produce quality directional signs to direct the home buyers directly to your sales center.
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