Sellers Are Ready To Enter the Housing Market
One of the biggest questions in real estate today is, When will sellers return to the housing market? An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers market. However, as…
Americans See Real Estate as a Better Investment Than Stocks or Gold
Last month, in a post on theLiberty Street Economicsblog, theFederal Reserve Bank of New Yorknoted that Americans believebuying a homeis definitely or probably a better investment than buying stocks. Last week, aGallup Pollreaffirmed those findings.In anarticleon the current real estate…
It’s Not Too Late To Apply For Forbearance
Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated aforbearanceprogram to provide much-needed support. Unless theyre extended once again, some of these plans and the corresponding mortgage payment…
Experts Say Home Prices Will Continue to Appreciate
Its 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, Googlereportsthat the search forWhen is the housing market…
Americans Find the Nonfinancial Benefits of Homeownership Most Valuable
Homeownership is a foundational part of theAmerican Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. Whilefinancial benefitsare always a key aspect of…
Is Home Price Appreciation Accelerating Again?
At 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…
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?Were in the ultimatesellers market, which means real estate is ultra-competitive for buyers right now. TheNational Association of Realtors(NAR) notes homes are getting…
Will the Housing Market Maintain Its Momentum?
Last weeksExisting Home Sales Reportfrom theNational 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…
4 Tips to Maximize the Sale of Your House
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeownersleverageto sell for the best possible terms, and its fueling a steady rise in…
Don’t Be Fooled by Remarkable Real Estate Headlines
Dont 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…