Should I Buy Now or Wait? [INFOGRAPHIC]

By |2021-04-30T03:00:26-07:00April 30th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the [...]

Is Home Price Appreciation Accelerating Again?

By |2021-04-29T03:00:17-07:00April 29th, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate|

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 the bidding wars that have driven home prices up over the past twelve months. [...]

Patience Is the Key to Buying a Home This Year

By |2021-04-28T03:00:31-07:00April 28th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps [...]

Will the Housing Market Maintain Its Momentum?

By |2021-04-27T03:00:51-07:00April 27th, 2021|Categories: For Buyers, Housing Market Updates, New Construction, Real Estate|

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple [...]

4 Tips to Maximize the Sale of Your House

By |2021-04-26T03:00:23-07:00April 26th, 2021|Categories: For Sellers, Move-Up Buyers, Pricing, Real Estate, Selling Myths|

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to [...]

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

By |2021-04-23T03:00:04-07:00April 23rd, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, Infographics, Real Estate|

Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack [...]

Don’t Be Fooled by Remarkable Real Estate Headlines

By |2021-04-22T03:00:28-07:00April 22nd, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term [...]

82,338 Great Reasons to Buy a Home Today

By |2021-04-20T03:00:34-07:00April 20th, 2021|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Pricing, Real Estate|

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price [...]

How Much Time Do You Need To Save for a Down Payment?

By |2021-04-19T03:00:22-07:00April 19th, 2021|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Real Estate|

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from [...]

Home Is Where the Heart Is [INFOGRAPHIC]

By |2021-04-16T03:00:21-07:00April 16th, 2021|Categories: First Time Home Buyers, For Buyers, Infographics, Real Estate, Rent vs. Buy|

Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic. Owning a home provides a sense of safety, security, [...]