As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in […]
Archives for June 2021
What to expect as appraisal gaps grow
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54 percent of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association […]
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Homebuyers, hang in there!
Today’s sellers’ market provides unique challenges — and benefits — for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and […]
82 percent of homes selling at or above asking price
When you sell your home, you want it to sell for at least what you’re asking — preferably more. And if that’s the goal, now is a great time to sell. A recent survey from Homes.com found that a whopping […]
5 things buyers need to know when making an offer
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer […]
Infographic: Rent vs. Own
Owning a home has distinct financial benefits over renting. When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your […]
Don’t wait to sell your house!
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to […]
Home price appreciation: As simple as supply and demand
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. […]
In today’s market, listing price is like an auction’s reserve price
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would […]
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Top reasons to own your home
June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searching […]
