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 [...]

Buyer Interest Is Growing among Younger Generations

By |2020-10-28T03:00:32-07:00October 28th, 2020|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers, Real Estate|

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the [...]

Two Important Impacts of Home Equity

By |2020-10-26T03:00:12-07:00October 26th, 2020|Categories: For Buyers, For Sellers, Move-Up Buyers, Pricing, Real Estate|

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight [...]

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

By |2020-10-23T03:00:21-07:00October 23rd, 2020|Categories: For Sellers, Infographics, Real Estate|

Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may [...]

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 [...]

How to Prepare for a Bidding War [INFOGRAPHIC]

By |2020-10-16T03:00:53-07:00October 16th, 2020|Categories: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home. Let’s connect today to be sure you [...]

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 [...]

Do You Have Enough Money Saved for a Down Payment?

By |2020-10-13T03:00:28-07:00October 13th, 2020|Categories: Buying Myths, Down Payments, For Buyers, Millennials, Pricing, Real Estate|

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested [...]