December 2019

December 2019: The Buyer Stakes Are High Because Inventory Is Low

\"DecemberThe reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid multiple times before […]

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Holiday Gifts Are Not the Only Hot Things Right Now

\"HolidayBlack Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received on active U.S. house listings. […]

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A 365 Day Difference in Homeownership

\"AOver the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you may want to decide if you’re going to refinance. […]

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Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]

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Some Highlights:

  • According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time homebuyers is 32.
  • With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
  • More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!

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What is the Best Investment for Americans?

\"WhatSome are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com/, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. housing […]

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