Housing Market Updates

Experts Say Home Prices Will Continue to Appreciate

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

\"ExpertsIt’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In […]

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3 Graphs Showing Why You Should Sell Your House Now

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

\"3There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and […]

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4 Big Incentives for Homeowners to Sell Now

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths /

\"4The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market […]

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Is Home Price Appreciation Accelerating Again?

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

\"IsAt the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. […]

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Patience Is the Key to Buying a Home This Year

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction /

\"PatienceThe question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps […]

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Will the Housing Market Maintain Its Momentum?

For Buyers, Housing Market Updates, New Construction /

\"WillLast week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple […]

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Don’t Be Fooled by Remarkable Real Estate Headlines

For Buyers, For Sellers, Housing Market Updates /

\"Don’tDon’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […]

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82,338 Great Reasons to Buy a Home Today

First Time Home Buyers, For Buyers, Housing Market Updates, Pricing /

\"82,338The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price […]

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Why This Is a Great Year to Sell Your Vacation Home

For Sellers, Housing Market Updates, Luxury Market /

\"WhyAs vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., […]

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