Sellers: Your House Could Be an Oasis for Buyers Seeking More Options
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to theNational Association of Realtors(NAR), todays housing inventory sits at only a 2.6-month supply. To put that into perspective,…
What Do Past Years Tell Us About Today’s Real Estate Market?
As you follow the news, youre likely seeing headlines discussing whats going on in todays housing market. Chances are high that some of the more recent storylines youve come across mention terms likecoolingorslowingwhen talking about where the market is headed.But…
The Big Question: Should You Renovate or Move?
The last 18 months changed what many buyers are looking for in a home. Recently, theAmerican Institute of Architectsreleased theirAIA Home Design Trends Surveyresults for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space…
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Todays housing market is truly one for the record books. Over the past year, weve seen the lowest mortgage rates in history. And while thoseratesseemed to bottom out in January of this year, the golden window of opportunity for buyers…
Experts Agree: Homeownership Provides a Path to Long-Term Wealth
A recent survey fromLendingTree.comfound there are multiple reasons why Americans would choose to purchase a home instead ofrenting. Some of the most popularnon-financialreasons given include: The flexibility to make the space your own The pride homeownership offers The sense of…
111,285 Reasons You Should Buy a Home This Year
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored the ability to build wealth as a homeowner.According to thelatest researchfrom theNational Association of Realtors(NAR):Homeownership is…
What Do Supply and Demand Tell Us About Today’s Housing Market?
Theres a well-known economic theory the law of supply and demand that explains whats happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item…
The Main Key To Understanding the Rise in Mortgage Rates
Every Thursday,Freddie Macreleases the results of theirPrimary Mortgage Market Surveywhich reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage…
4 Tips To Prep for Your Home Sale This Fall
Even in a hotsellers marketlike todays in which homes are selling so quickly, its still important to make a good first impression on potential buyers. Taking the time up front to prep your house appropriately can bring in the greatest…
As Home Equity Rises, So Does Your Wealth
Homeownership is still a crucial part of the American dream. For those people whoown a home(and those looking to buy one), its clear that being a homeowner has considerable benefits bothemotionallyandfinancially. In addition to long-term stability, buying a home is…