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 […]
Infographic: Should I buy now or wait?
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 […]
Home Prices Up Nearly 10 Percent over LY in December
There’s no denying that 2020 was an extremely challenging year. But one area that flourished in 2020 was the real estate market — and more specifically, the market was great for sellers. Low inventory and high buyer demand drove up […]
Where are home values headed over the next 12 months?
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 […]
Why pricing your home right matters this Fall
As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you […]
Buyer demand driving up listing prices across the country
The current real estate market is an excellent example of the law of supply and demand. After a period of slowed activity due to COVID-19, buyers have emerged strong and ready to buy, but the lack of inventory is creating serious demand for properties — and driving up prices in the process.
Today’s homebuyers want lower prices — Sellers disagree
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is […]
Homes selling above listing price finally on the decline
Thanks to the historic inventory shortage, competition for homes in markets across the country has been fierce, and Green Valley has been no exception. That competition has driven up home prices. For more than a year, it has not been […]
Home prices predicted to rise nearly 5% by January 2019
According to a recent CoreLogic Home Price Insights Report, home prices across the nation are expected to rise a total of 4.8 percent between January 2018 and January 2019. While that’s not as high as the 6.6 percent growth the […]
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