Pricing

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing /

\"Don\'tThere are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that […]

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Why a Wave of Foreclosures Is Not on the Way

Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales /

\"WhyWith forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million […]

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Experts Project Mortgage Rates Will Continue To Rise in 2022

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"ExpertsMortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over […]

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Sellers Have Incredible Leverage in Today’s Market

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"SellersWith mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home […]

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Renters Missed Out on $51,500 This Past Year

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy /

\"RentersRents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January […]

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Housing Challenge or Housing Opportunity? It Depends.

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"HousingThe biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see […]

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What Does the Future Hold for Home Prices?

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths /

\"WhatIf you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer […]

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The Big Question: Should You Renovate or Move?

For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing /

\"TheThe last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) […]

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