Pricing

Why It Makes Sense to Sell Your House This Holiday Season

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

\"WhyIf you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers. The latest Existing Home […]

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Are Home Prices Headed Toward Bubble Territory?

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

\"AreTalk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are the […]

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With Home Values Surging, Is it Still Affordable to Buy Right Now?

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

\"HousingHousing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight […]

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Is Buying a Home Today a Good Financial Move?

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

\"IsThere’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand […]

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Don’t Let Buyer Competition Keep You from Purchasing a Home

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

\"Don’tThis year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we […]

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Rent vs. Buy: How to Decide What’s Best for You

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

\"RentAccording to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting […]

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Three Ways Low Inventory Is a Win for Sellers

For Sellers, Housing Market Updates, Pricing /

\"ThreeThe number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s […]

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