Rising mortgage rates are forcing buyers off of the fence to make a purchase before rates and prices climb higher. Here's why...
Homebuyers: how to win in today’s market
Two Ways Homebuyers Can Win in Today’s Market If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a …
Will Home Sales Surge this Winter?
Home Sales About To Surge? We May See a Winter Like Never Before. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during …
No Wave of Foreclosures this Time
Why a Wave of Foreclosures Is Not on the Way With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble …
Appraisals and Inspections – What you need to know
Appraisals and home inspections... what you need to know.
What Buyers and Sellers Need to Know about the Appraisal Gap
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That is the simple principle that accounts for today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below …
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Why (and How) to Price a Home Right!
Why It’s Important to Price Your House Right Today Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home …
Home Values Projected to Keep Rising
Despite the lingering impact of Covid-19, we will likely see home values continue to rise higher given the continued lack of inventory of homes for sale.