Housing Market

March 15, 2021

How to Be a Competitive Buyer in Today’s Housing Market

With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home.

Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying …

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Posted in Housing Market
March 11, 2021

How Smart Is It to Buy a Home Today?

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should …

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Posted in Housing Market
March 9, 2021

Home Prices: What Happened in 2020? What Will Happen This Year?

home prices

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn …

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Posted in Housing Market
March 4, 2021

Are There Going to Be More Homes to Buy This Year?

low inventory

If you’re looking for a home to purchase right now and are having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of …

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Posted in Housing Market
March 2, 2021

It’s a Sellers’ Market

Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.

With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat.

Let’s …

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Posted in Housing Market
Feb. 25, 2021

Home Mortgage Rates by Decade

Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.

Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low …

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Posted in Housing Market
Feb. 11, 2021

3 Reasons We’re Definitely Not in a Housing Bubble

housing bubble

1. This time, housing supply is extremely limited

The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally increase.

In real estate, supply and …

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Posted in Housing Market
Jan. 12, 2021

Is This the Year to Sell My House?

Source: Real Estate with Keeping Current Matters

home selling

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, …

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Posted in Housing Market
Jan. 7, 2021

Four Expert Views on the 2021 Housing Market

housing market

 

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.

Lawrence Yun, Chief …

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Posted in Housing Market
Jan. 5, 2021

Did You Outgrow Your Home in 2020?

outgrow your home

 

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

Many needs have changed in 2020, and it’s okay to …

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Posted in Housing Market