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. Whatever the move you want to make looks like, here’s an overview of what’s creating the Continue Reading about Don’t Wait To Sell Your House
Hope Is on the Horizon for Today’s Housing Shortage
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 it’s a buyers’ market, but an inventory level below that threshold means Continue Reading about Hope Is on the Horizon for Today’s Housing Shortage
Market: The Right Expert Will Guide You Through
The Right Expert Will Guide You Through This Unprecedented Market In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from normal. Continue Reading about Market: The Right Expert Will Guide You Through
Why This Is Not Like 2008 Again
Why This Is Not Like 2008 Again During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small Continue Reading about Why This Is Not Like 2008 Again
Home Price Appreciation Is as Simple as Supply and Demand
Home Price Appreciation Is as Simple as Supply and Demand Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for Continue Reading about Home Price Appreciation Is as Simple as Supply and Demand
Why You May Want To Cash in on Your Second Home
Why You May Want To Cash in on Your Second Home When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Continue Reading about Why You May Want To Cash in on Your Second Home
6 Reasons to Celebrate National Homeownership Month
6 Reasons to Celebrate National Homeownership Month Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years. As Continue Reading about 6 Reasons to Celebrate National Homeownership Month
How Misunderstandings about Housing Affordability Could Cost You
How Misunderstandings about Housing Affordability Could Cost You There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on housing affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly Continue Reading about How Misunderstandings about Housing Affordability Could Cost You
