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Monthly Archives: June 2021

    What Do Experts See on the Horizon for the Second Half of the Year?

    By Monica Young | June 30, 2021

    What Do Experts See on the Horizon for the Second Half of the Year? As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the... Read More

    What To Expect as Appraisal Gaps Grow

    By Monica Young | June 29, 2021

    What To Expect as Appraisal Gaps Grow In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more... Read More

    Save Time and Effort by Selling with an Agent

    By Monica Young | June 28, 2021

    Save Time and Effort by Selling with an Agent Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires... Read More

    Demand for Vacation Homes Is Still Strong

    By Monica Young | June 24, 2021

    Demand for Vacation Homes Is Still Strong The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration... Read More

    Homeowner Wealth Increases Through Growing Equity This Year

    By Monica Young | June 23, 2021

    Homeowner Wealth Increases Through Growing Equity This Year Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase... Read More

    Pre-Approval Makes All the Difference When Buying a Home

    By Monica Young | June 22, 2021

    Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your... Read More

    5 Things Homebuyers Need To Know When Making an Offer

    By Monica Young | June 21, 2021

    5 Things Homebuyers Need To Know When Making an Offer When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal.... Read More

    Housing Wealth: The Missing Piece of the Affordability Equation

    By Monica Young | June 17, 2021

    Housing Wealth: The Missing Piece of the Affordability Equation The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing... Read More

    Don’t Wait To Sell Your House

    By Monica Young | June 16, 2021

    Don’t Wait To Sell Your House We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so.... Read More

    Hope Is on the Horizon for Today’s Housing Shortage

    By Monica Young | June 15, 2021

    Hope Is on the Horizon for Today’s Housing Shortage The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates... Read More