What To Do with Your Vacation Home as Summer Ends As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation Continue Reading about What To Do with Your Vacation Home as Summer Ends
Today’s Mortgage Rates – What Do The Experts Say About ?
Today’s Mortgage Rates - What Do The Experts Say About ? Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates Continue Reading about Today’s Mortgage Rates – What Do The Experts Say About ?
Options for First-Time Homebuyers [INFOGRAPHIC]
Options for First-Time Homebuyers [INFOGRAPHIC] Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding your first home, let’s connect to explore your Continue Reading about Options for First-Time Homebuyers [INFOGRAPHIC]
More Young People Are Buying Homes
More Young People Are Buying Homes Is it true that more young are people buying homes right now? There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off Continue Reading about More Young People Are Buying Homes
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack Continue Reading about Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
What Does Being in a Strong Sellers’ Market Mean?
What Does Being in a Strong Sellers’ Market Mean? Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest Existing Home Sales Continue Reading about What Does Being in a Strong Sellers’ Market Mean?
A Look at Home Price Appreciation and What It Means for Sellers
A Look at Home Price Appreciation and What It Means for Sellers When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past the dollar signs and dive deeper into the concept. To truly Continue Reading about A Look at Home Price Appreciation and What It Means for Sellers
Home Sellers Are in a Sweet Spot [INFOGRAPHIC]
Home Sellers Are in a Sweet Spot [INFOGRAPHIC] Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your next home, you’ll also win by addressing your changing needs and taking advantage of near historic-low mortgage Continue Reading about Home Sellers Are in a Sweet Spot [INFOGRAPHIC]