Category: Housing Market Updates

How Upset Should You Be about 3% Mortgage Rates?
Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers | March 9, 2021
How Upset Should You Be about 3% Mortgage Rates?

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up in rate should not have…

5 Reasons to Sell Your House This Spring
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths | March 8, 2021
5 Reasons to Sell Your House This Spring

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re…

Is It a Good Time to Sell My House?
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths | March 4, 2021
Is It a Good Time to Sell My House?

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell. Doug Duncan, Vice…

Home Prices: What Happened in 2020? What Will Happen This Year?
For Sellers, Housing Market Updates, Move-Up Buyers, Pricing | March 2, 2021
Home Prices: What Happened in 2020? What Will Happen This Year?

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division…

It’s a Sellers’ Market [INFOGRAPHIC]
For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing | February 26, 2021
It’s a Sellers’ Market [INFOGRAPHIC]

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready to learn about the leverage…