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 list … [Read more...]
What Home Price Appreciation Means for Sellers
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your … [Read more...]
How Affordable Are Houses Today Compared to Prior Decades? (1975-2021)
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive … [Read more...]
Sellers: Make Your Home Price Appreciation Work For You
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should … [Read more...]
Median Rental Rates Are Now Higher Than Mortgage Payments – Time To Buy A Home
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply … [Read more...]
Mortgage Forbearances Will Not Lead to a Foreclosure Crisis. Here Are 4 Reasons Why…
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There … [Read more...]
Update on Housing Supply and Its Impact on Home Sellers
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is … [Read more...]
Housing Market Forecast Through 2025
Home prices have increased significantly over the last few years, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And … [Read more...]
These 3 Charts Show Why Now is a Good Time to Sell a Home
There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor … [Read more...]
Home Price Appreciation Appears to be Accelerating Again
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to … [Read more...]
By The Numbers: Sellers’ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple … [Read more...]
Will There Be More Housing Inventory For Home Buyers in 2021 Than Last Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the … [Read more...]
Sellers Have Leverage in Today’s Housing Market
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association … [Read more...]
Why Mortgage Rates May Increase and What It Means for Home Buyers
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of … [Read more...]
