Once you’re in the market to buy a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone has an opinion on how the real […]
Market Trends
Real Estate News for Buyers & Sellers
Mortgage rates hit all-time record low heading into holiday weekend
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that the 30-year fixed-rate mortgage (FRM) averaged 3.07 percent, the lowest rate in the survey’s history dating back to 1971 […]
Will This Economic Crisis Have a V, U, or L-Shaped Recovery?
Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the […]
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 a moment in time that’s […]
American confidence in housing at an all-time high
Fannie Mae has released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number […]
Seller optimism jumps an impressive 12 percent in Q2
Before you list your home for sale, you want to feel confident in the market and the opportunity to sell your property at a competitive price. And in Q2 2019, it looks like that confidence is on the rise. According to the most recent Homeownership […]
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 uncommon for homes to sell […]
Modest inventory growth expected in 2019
For the past few years, historically low inventory has been driving up competition (and prices) for real estate in markets across the country. But it looks like 2019 is going to see that (finally!) start to shift. While gains are expected to be modest, housing […]
Buyers more likely to buy existing homes vs. new construction
Many people believe that when it comes to real estate, buyers want something brand new. But according to a recent report, the vast majority of buyers end up purchasing existing homes. According to the New Construction Consumer Housing Trends Report 2018, only 38 percent of […]
Owning a home is one of the pillars of the American Dream
For decades, owning a home has been one of the pillars of the American Dream. And, according to recent data, it looks like it still is. According to the 2019 edition of the Aspiring Home Buyers Profile from the National Association of Realtors, 75 percent […]
