What Does it Mean for You When the Housing Supply Is Rising?
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit […]
Selling Your House? Make Sure You Price It Right.
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick […]
HOW TO KEEP YOUR YARD MOSQUITO-FREE THIS SUMMER
Warm days bring some of the best moments of summer, and after a long year away from family and friends, we’re all looking forward to evenings spent around the fire pit, patio swing, or outdoor kitchen. But all too often, mosquitoes will crash the party—and they’re more than just a nuisance. “Mosquitoes are one of […]
Choose The Right Expert To Guide You Through This Unprecedented Market
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from […]
Good Reasons To Cash In On Your Second Home, NOW!
When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of […]
Listing Prices Are Like an Auction’s Reserve Price In Today’s Market
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price […]
Yes, You SHOULD Sell Your House Now, According To These Graphs!
There’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 high buyer demand may […]
Patience Is the Key to Buying a Home This Year!
The 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 rising. Why? It’s because there are […]
5 MOST PROFITABLE HOME IMPROVEMENTS YOU SHOULD MAKE BEFORE SELLING YOUR HOME
Getting ready to sell your house? You may want to consider these five home improvements to ensure a bigger price tag at closing time. Unless you’re Joanna Gaines, the prospect of updating and prepping your home for sale can seem daunting. All those little repairs you were happy to postpone for another day (or year) […]
A Home Is a Better Investment Than Stocks, 93% of Americans Believe
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post […]