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It’s a Sellers’ Market [INFOGRAPHIC]

By |2021-02-26T04:00:08-07:00February 26th, 2021|Categories: For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing, Real Estate|

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 offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready [...]

How Much Leverage Do Today’s House Sellers Have?

By |2021-02-24T04:00:42-07:00February 24th, 2021|Categories: For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing, Real Estate, Selling Myths|

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 of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory [...]

Where Have All the Houses Gone?

By |2021-02-22T04:00:15-07:00February 22nd, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate, Selling Myths|

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage [...]

47% of New Buyers Surprised by How Affordable Homes Are Today

By |2021-02-11T04:00:11-07:00February 11th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments [...]

3 Reasons We’re Definitely Not in a Housing Bubble

By |2021-02-09T04:00:46-07:00February 9th, 2021|Categories: Buying Myths, Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing, Real Estate, Selling Myths|

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. [...]

Want to Build Wealth? Buy a Home This Year.

By |2021-02-02T04:00:36-07:00February 2nd, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these [...]

Owning a Home Is Still More Affordable Than Renting One

By |2021-01-20T04:00:46-07:00January 20th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Real Estate, Rent vs. Buy|

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, [...]

Should I Wait for Lower Mortgage Interest Rates?

By |2021-01-19T04:00:49-07:00January 19th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the [...]

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

By |2021-01-13T04:00:43-07:00January 13th, 2021|Categories: Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate, Short Sales|

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay [...]

What Does 2021 Have in Store for Home Values?

By |2021-01-11T04:00:54-07:00January 11th, 2021|Categories: For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained [...]