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Monthly Archives: May 2021

    How Misunderstandings about Affordability Could Cost You

    By Monica Young | May 27, 2021

    How Misunderstandings about Affordability Could Cost You There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable to... Read More

    Buying a Home Is Still Affordable

    By Monica Young | May 26, 2021

    Buying a Home Is Still Affordable The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and... Read More

    Where Do Experts Say the Housing Market Is Heading?

    By Monica Young | May 25, 2021

    Where Do Experts Say the Housing Market Is Heading? As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the... Read More

    3 Things To Prioritize When Selling Your House

    By Monica Young | May 24, 2021

    3 Things To Prioritize When Selling Your House Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to... Read More

    Americans Choose Real Estate as the Best Investment

    By Monica Young | May 21, 2021

    Americans Choose Real Estate as the Best Investment Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history. Let’s connect if... Read More

    Should I Move or Refinance?

    By Monica Young | May 20, 2021

    Should I Move or Refinance? The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain... Read More

    Sellers Are Ready To Enter the Housing Market

    By Monica Young | May 19, 2021

    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 the economy continues to improve and more... Read More

    Americans See Real Estate as a Better Investment Than Stocks or Gold

    By Monica Young | May 18, 2021

    Americans See Real Estate as a Better Investment Than Stocks or Gold Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup... Read More

    Don’t Forget to Budget for Closing Costs

    By Monica Young | May 17, 2021

    Don’t Forget to Budget for Closing Costs When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are... Read More

    When It Comes To Selling a House, Your Time Is Money

    By Monica Young | May 14, 2021

    When It Comes To Selling a House, Your Time Is Money Some Highlights Selling a house is no small task. If you decide to try to do it on your own, keep in mind you’ll be responsible for all the expert-level work of a real estate professional. The vital tasks an agent manages for you include... Read More