Buying a Home
How Supply and Demand Can Impact Your Buying and Selling Goals
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that…
Read MoreWhat’s Driving Today’s High Buyer Demand?
There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why there are so many people looking to buy a home: Buyers Are Motivated To Beat Rising Mortgage Rates “…homebuyers this year have remained in the market to take advantage of current…
Read MoreSellers: Don’t Wait Until Spring To Make Your Move
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know…
Read More4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3…
Read MoreWhat You Should Do Before Interest Rates Rise
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average.Here are some options you should consider if you want to take advantage of today’s…
Read MoreWill the Housing Market Maintain Its Momentum?
Last week’s Existing Homes Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as…
Read MoreTop 11 Safest Cities in the U.S.
Safety is one of the top concerns for families when picking a place to live. Besides the more recent public health concern of coronavirus infection rates, many Americans have usually looked for low crime and other low-risk factors in order to determine whether a new neighborhood is safe for them. While the definition of safety…
Read MoreThe Luxury Market Is Attracting Buyers in 2021
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market…
Read MoreHow to Make a Winning Offer on a Home
Today’s homebuyer’s are faced with a strong seller’s market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical…
Read MoreHow Much Leverage Do Today’s House Sellers Have?
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for…
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