The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market […]
4 Big Incentives for Homeowners to Sell Now Read More »
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher […]
Americans Find the Nonfinancial Benefits of Homeownership Most Valuable Read More »
Some Highlights
If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home pric…
Should I Buy Now or Wait? [INFOGRAPHIC] Read More »
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. […]
Is Home Price Appreciation Accelerating Again? Read More »
The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps […]
Patience Is the Key to Buying a Home This Year Read More »
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple […]
Will the Housing Market Maintain Its Momentum? Read More »
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to […]
4 Tips to Maximize the Sale of Your House Read More »
Some Highlights
In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
When addressing whether or not today’s high buyer competition and rising home prices ar…
This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] Read More »
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […]
Don’t Be Fooled by Remarkable Real Estate Headlines Read More »
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven […]
Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home Read More »