Where Are Home Values Headed Over the Next 12 Months?

By |2020-09-29T03:00:04-07:00September 29th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate|

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? [...]

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

By |2020-09-25T03:00:20-07:00September 25th, 2020|Categories: For Sellers, Infographics, Pricing, Real Estate|

Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start. [...]

Home Builder Confidence Hits All-Time Record

By |2020-09-23T03:00:33-07:00September 23rd, 2020|Categories: For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of [...]

The Cost of a Home Is Far More Important than the Price

By |2020-09-22T03:00:00-07:00September 22nd, 2020|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there [...]

How Low Inventory May Impact the Housing Market This Fall

By |2020-09-17T03:00:08-07:00September 17th, 2020|Categories: For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but [...]

The Surging Real Estate Market Continues to Climb

By |2020-09-16T03:00:28-07:00September 16th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity Home [...]

Two New Surveys Indicate Urban to Suburban Lean

By |2020-09-14T03:00:22-07:00September 14th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, [...]