Tag Archives: Buyers and Sellers

With the housing market still in recovery from the recession, homeownership is not a commodity that everyone can afford. In fact, it is a luxury. Forbes writer, Erin Carlyle pointed out a housing forecast titled "What to Expect in the Second Half of 2015" that the homeownership rate in 2005 was 69.1 percent, while today, it’s 63.7 percent, the lowest level the nation has seen since 1993. The forecast highlights that sellers are in an ideal market as the demand for housing is back, but for buyers, home prices are not very favorable and continue to rise.

The housing industry has been a constant contest among homebuyers, and although competition eased up slightly last year, buyers wanting to purchase homes in the most coveted areas have not had much of a break. FindTheHome.com recently released a report titled “The 50 Most Competitive Housing Markets of 2015” that lists 50 of the most sought-after metro areas for homebuyers.