When COVID-19 first hit, much of the country was under stay-at-home orders, which made it impossible for buyers to get out and see potential homes in person. And while stay-at-home orders have been lifted in most places, many buyers are […]
Market Trends
Real Estate News
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.
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Consumers still optimistic about buying a home
A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. In fact, many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money […]
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Mortgage rates fall below 3%
Mortgage rates hit another all-time low, falling below 3 percent this week! If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine […]
Sheltering in place leads to desire for more space
The shelter in place orders that have been in effect for weeks across the country have many people spending more time at home than ever before. And after spending so much time in their homes, many of them are noticing […]
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 […]
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 […]
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 […]
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 […]
