Category: Housing Market Updates

Experts Say Home Prices Will Continue to Appreciate
For Buyers, For Sellers, Housing Market Updates, Pricing | May 11, 2021
Experts Say Home Prices Will Continue to Appreciate

It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Dalrymple II of…

3 Graphs Showing Why You Should Sell Your House Now
For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths | May 10, 2021
3 Graphs Showing Why You Should Sell Your House Now

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give…

4 Big Incentives for Homeowners to Sell Now
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths | May 4, 2021
4 Big Incentives for Homeowners to Sell Now

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 is for more listings to…

Is Home Price Appreciation Accelerating Again?
For Buyers, For Sellers, Housing Market Updates, Pricing | April 29, 2021
Is Home Price Appreciation Accelerating Again?

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. However, that increase in inventory…

Patience Is the Key to Buying a Home This Year
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction | April 28, 2021
Patience Is the Key to Buying a Home This Year

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 rising. Why? It’s because there…