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Home » January, 2016 Real Estate Sales in Glendale, CA

January, 2016 Real Estate Sales in Glendale, CA

January 2016 Real Estate Sales in Glendale

Glendale YTD

What’s in store for Glendale real estate values this year? Supply is low, demand is high. Home buyers need to be patient and realistic. Stagnant wages and increasing home prices are causing some home buyers to have the winter blahs. Fannie Mae’s monthly Home Purchase Sentiment Index shows that fewer Americans think it’s a good time to buy a home now, with last month seeing a 1.7-point drop in consumer optimism toward owning a home. Read more here:

January 2016 Real Estate Sales Glendale

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In addition to homes becoming more expensive they are getting larger again; the size of new homes rose last year, suggesting Americans’ love of space remains strong but making new homes less affordable for a bigger swath of buyers. The average size climbed to about 2,720 square feet in 2015 from about 2,660 square feet the previous year.  Read more here:

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