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
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]
The Best Use of Time (and Money) When It Comes to Renovations
The Best Use of Time (and Money) When It Comes to Renovations In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Here are some Continue Reading about The Best Use of Time (and Money) When It Comes to Renovations
Is Housing Affordability Less Now Than in Past Decades?
Is Housing Affordability Less Now Than in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens if we go all the way back Continue Reading about Is Housing Affordability Less Now Than in Past Decades?
Looking for a Place To Call Home? Consider a Condominium.
Looking for a Place To Call Home? Consider a Condominium. It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining Continue Reading about Looking for a Place To Call Home? Consider a Condominium.
