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Three Ways Low Inventory Is a Win for Sellers

By |2020-10-29T03:00:49-07:00October 29th, 2020|Categories: For Sellers, Housing Market Updates, Pricing, Real Estate|

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s [...]

Americans Are Gaining Confidence in the Economy

By |2020-10-20T03:00:28-07:00October 20th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on [...]

Do You Need to Know More about Forbearance and Mortgage Relief Options?

By |2020-10-15T03:00:34-07:00October 15th, 2020|Categories: Demographics, Distressed Properties, Foreclosures, Housing Market Updates, Real Estate|

Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place to help support those in need. First, there was a [...]

The #1 Reason Not to Wait to List Your House for Sale

By |2020-10-14T03:00:13-07:00October 14th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing, Real Estate|

Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the [...]

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]

By |2020-10-02T03:00:31-07:00October 2nd, 2020|Categories: Down Payments, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity can make that possible.

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? [...]

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 [...]

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, [...]