May 27, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
Home prices are swelling; buyers and sellers are worried about a market crash. However, today’s market bears little resemblance to the 2008 crisis. Market watchers are wary because the median sale price in February was $313,000, an increase of about 16% from a year...
May 25, 2021 | For Buyers, Market Trends, Real Estate
According to Realtor.com’s Monthly Housing Trends Report, prospective buyers shopping today have 52% fewer homes to choose from than at this time last year. This supply crunch translates to a record median list price of $370,000 (15.6% higher than one year ago). The...
May 21, 2021 | For Buyers, Real Estate
In today’s competitive market, buyers are often waiving their offer’s contingency on inspection. Some realtors report using other options for this bargaining chip that won’t leave the buyer open to bigger issues with the home. An example is rather than skipping an...
May 18, 2021 | Real Estate
In a survey conducted by the Federal Reserve Bank of New York, 90% of people would rather invest their money in buying a home than in the stock market. Those surveyed cited the stability of housing as the deciding factor in their preference. Source:...
