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DO YOU KNOW WHAT IT MEANS TO BE IN A SELLERS’ MARKET?

Published: August 18, 2021
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to l...

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SURPRISING SHIFT IN HOME BUYERS’ PREFERENCE

Published: August 6, 2021
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they'd prefer new constr...

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TAKE ADVANTAGE OF TODAY’S CURRENT LOW RATES

Published: July 21, 2021
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher tha...

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THE THRUTHS YOUNG HOMEBUYERS NEED TO HEAR

Published: July 16, 2021
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestima...

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NEW-HOME CONSTRUCTION BEGINNING TO RAMP UP

Published: July 5, 2021
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to ca...

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APPRAISAL GAPS IN TODAY’S MARKET

Published: July 2, 2021
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Rea...

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THERE IS HOPE FOR TODAY’S HOUSING SHORTAGE

Published: June 18, 2021
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. A...

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HOME EQUITY SURGE AND THE OPPORTUNITIES FOR HOMEOWNERS

Published: May 25, 2021
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket...

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BUYING A HOUSE THIS YEAR? PATIENCE IS KEY

Published: May 5, 2021
Are you trying to buy a house this year? Then you are asking the same question that many other homebuyers are asking right now, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means patience is key. ...

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