Monthly Archives: September 2020
Why Selling this Fall May Be Your Best Move
Why Selling this Fall May Be Your Best Move If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market ShowingTime, a leading... Read More
Where Are Home Values Headed Over the Next 12 Months?
Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a... Read More
Housing Market on Track to Beat Last Year’s Success
Housing Market on Track to Beat Last Year’s Success Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market... Read More
Why Pricing Your Home Right Matters This Fall
Why Pricing Your Home Right Matters This Fall Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by... Read More
Home Equity Gives Sellers Options in Today’s Market
Home Equity Gives Sellers Options in Today’s Market Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing... Read More
Home Builder Confidence Hits All-Time Record
Home Builder Confidence Hits All-Time Record Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of... Read More
The Cost of a Home Is Far More Important than the Price
The Cost of a Home Is Far More Important than the Price Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase... Read More
Is the Economic Recovery Beating All Projections?
Is the Economic Recovery Beating All Projections? Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to... Read More
Homes Across the Country Are Selling Fast
Homes Across the Country Are Selling Fast Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from listing day to pending sale in an average... Read More
How Low Inventory May Impact the Housing Market This Fall
How Low Inventory May Impact the Housing Market This Fall Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking... Read More