1. Shifting Unprecedented Demand 2. Significant Price Appreciation 3. Low Mortgage Rates 4. Higher Negotiated Sale Price 5. Changing Inventory Landscape 6. Improving Distressed Market 7. Cues from Renters The second reason has to do with the significant appreciation in property values. We have tracked and witnessed significant price appreciation year over year for the last 24-36 months coming out of the financial crisis, which has positively impacted the equity position of home [...]
