For Sellers

A Remarkable Recovery for the Housing Market

For Buyers, For Sellers, Housing Market Updates /

\"AFor months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, […]

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Thinking of Selling Your House? Now May be the Right Time

For Sellers, Housing Market Updates, Move-Up Buyers /

\"ThinkingInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total […]

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Does Your Home Have What Buyers Are Looking For?

For Sellers, Move-Up Buyers /

\"DoesThere’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com/: “Sellers continue returning to the market at a cautious pace […]

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What Are Experts Saying about Home Prices?

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"WhatLast week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first […]

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Best Time to Sell? When Competition Is at an All-Time Low

For Sellers /

\"BestIn a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home […]

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Latest Unemployment Report: Great News…for the Most Part

For Buyers, For Sellers, Housing Market Updates /

\"LatestThe Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent […]

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A Historic Rebound for the Housing Market

For Buyers, For Sellers, Housing Market Updates /

\"APending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A […]

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Are New Homes Going to Be Available to Buy This Year?

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction /

\"AreIn today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out of this recession, builder confidence might be […]

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What Are Experts Saying About the Rest of 2020?

For Buyers, For Sellers, Housing Market Updates /

\"WhatOne of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. […]

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