Home Builders Ramp Up Construction Based on Demand The need for new construction: If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition Continue Reading about Builders Ramp Up New Construction Based on Demand
Real Estate
Are We in a Housing Bubble? Experts Say No.
Are We in a Housing Bubble? Experts Say No. The question of whether the real estate market is a housing bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions from professionals and organizations that Continue Reading about Are We in a Housing Bubble? Experts Say No.
Mortgage Rate and Your Homebuying Budget
How a Change in Mortgage Rate Impacts Your Homebuying Budget Mortgage Rate and Your Homebuying Budget Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Continue Reading about Mortgage Rate and Your Homebuying Budget
The Housing Market in the Second Half of the Year
What Do Experts See on the Horizon for the Second Half of the Year? As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on the Continue Reading about The Housing Market in the Second Half of the Year
What To Expect as Appraisal Gaps Grow
What To Expect as Appraisal Gaps Grow What is an appraisal gap? In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of Continue Reading about What To Expect as Appraisal Gaps Grow
Save Time and Effort by Selling with an Agent
Save Time and Effort by Selling with an Agent Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s one of Continue Reading about Save Time and Effort by Selling with an Agent
Homebuyers: Hang in There [INFOGRAPHIC]
Homebuyers: Hang in There [INFOGRAPHIC] Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers.Current low interest rates won’t last forever, and home prices are forecast to rise.If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term Continue Reading about Homebuyers: Hang in There [INFOGRAPHIC]
Demand for Vacation Homes Is Still Strong
Demand for Vacation Homes Is Still Strong The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from Continue Reading about Demand for Vacation Homes Is Still Strong
