[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3p3fc4sd00boa":3,"$f2emv3tus0uf1":35,"$fbwk2pqjjqsc7":39},{"item":4,"previous":23,"next":29},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},675,"sales-of-distressed-properties-hit-new-low","Sales of Distressed Properties Hit New Low","The \u003Cem>National Association of Realtors (NAR)\u003C\u002Fem> recently released their latest \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fnews-releases\u002F2016\u002F10\u002Ffirst-time-buyers-steer-existing-home-sales-higher-in-september\">\u003Cem>Existing Home Sales Report\u003C\u002Fem>\u003C\u002Fa> revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161029\u002F20161024-Share-STM.jpg","The \u003Cem>National Association of Realtors (NAR)\u003C\u002Fem> recently released their latest \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Fnews-releases\u002F2016\u002F10\u002Ffirst-time-buyers-steer-existing-home-sales-higher-in-september\">\u003Cem>Existing Home Sales Report\u003C\u002Fem>\u003C\u002Fa> revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008.\u003C!--more-->\r\n\r\nBelow is a graph that shows just how far the market has come since January 2012 when distressed sales accounted for 35% of all sales.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161024-ENG-STM.jpg\">\u003Cimg class=\"alignnone wp-image-34412\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161024-ENG-STM.jpg\" alt=\"Sales of Distressed Properties Hit New Low | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Existing Home Sales Hit 2\u003Csup>nd\u003C\u002Fsup> Highest Figure Since June \u003C\u002Fstrong>\u003C\u002Fh4>\r\nMortgage interest rates remained well below 4% in September at 3.46%, prompting existing home sales to stay at a healthy annual pace of 5.47 million. Month-over-month sales were up 3.2%.\r\n\r\nInventory of homes for sale remains below the 6-month supply that is necessary for a normal market, as it fell 2.2% to a 4.5-month supply. The shortage in inventory has contributed to the median home price rising an additional 5.6% to $234,200.\r\n\r\n\u003Cem>NAR’s Chief Economist\u003C\u002Fem>, Lawrence Yun had this to say about the lack of inventory:\r\n\u003Cblockquote>\u003Cem>\"Inventory has been extremely tight all year and is unlikely to improve now that the seasonal decline in listings is about to kick in.\"\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThere is good news though, as Yun went on to say:\r\n\u003Cblockquote>\u003Cem>\"There's hope the leap in sales to first-time buyers can stick through the rest of the year and into next spring. The market fundamentals — primarily consistent job gains and affordable mortgage rates — are there for the steady rise in first-timers needed to finally reverse the decline in the homeownership rate.\"  \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are debating putting your home on the market this year, now may be the time. Buyers are still out there looking for their dream home. Let’s get together to determine your best plan.","\r\nIf you are debating putting your home on the market this year, now may be the time. Buyers are still out there looking for their dream home. Let’s get together to determine your best plan.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F20161024-ENG-STM.jpg",false,[17],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers","2016-10-24T10:00:24Z","2016-10-21T15:58:03Z",{"id":24,"slug":25,"title":26,"featuredImage":27,"publishedAt":28,"contentType":10,"isVideo":15},674,"7-graphs-that-show-the-real-estate-market-is-back-infographic","7 Graphs That Show the Real Estate Market Is Back! [INFOGRAPHIC]","https:\u002F\u002F\u002F","2016-10-21T10:00:32Z",{"id":30,"slug":31,"title":32,"featuredImage":33,"publishedAt":34,"contentType":10,"isVideo":15},676,"buying-is-now-37-7-cheaper-than-renting-in-the-us","Buying is Now 37.7% Cheaper Than Renting in the US","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F10\u002F01161026\u002F20161025-Share-STM.jpg","2016-10-25T10:00:04Z",{"cover":36,"open":37,"shareSpread":38},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[40,44,48,49,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":41,"name":42,"slug":43},1,"Uncategorized","uncategorized",{"id":45,"name":46,"slug":47},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},7,"Foreclosures","foreclosures",{"id":54,"name":55,"slug":56},8,"Infographics","infographics",{"id":58,"name":59,"slug":60},9,"Home Prices","home-prices",{"id":62,"name":63,"slug":64},11,"First-Time Buyers","first-time-buyers",{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]