Apr 24, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
Homes sold last month in an average of only 20 days on the market (compared to 36 days at this time last year). That may relax as higher prices and interest rates make housing less affordable. Also, there is more inventory hitting the market as builders add new homes...
Apr 20, 2021 | For Buyers, For Sellers, Home Financing, Market Trends, Real Estate
Home prices rose 11.1 % over the past year, the biggest jump in almost 15 years. Economists see monthly price gains beginning to slow and expect the frenzy to moderate as more inventory comes on the market in the spring and summer months. However, they warn that...
Apr 17, 2021 | For Buyers, For Sellers, Real Estate
Prospective buyers may have to make offers that are contingent on selling their current home. That can put them at a disadvantage in a competitive bidding market. Short-term bridge loans let them waive that contingency and then pay back the loan as soon as their...
Apr 10, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
At the end of February, it was reported that home prices had been increasing at the fastest pace since 2014. In at least 18 of the 20 large cities tracked by the S&P Corelogic Case-Shiller index, home prices rose considerably with Phoenix, Seattle, and San Diego...
Apr 2, 2021 | For Buyers, For Sellers, Home Financing, Real Estate, Rent vs Own
The Federal Housing Finance Agency (FHFA) is extending lighter appraisal and employment verification rules for Fannie Mae and Freddie Mac. Because the pandemic made it harder for appraisers to enter houses, FHFA authorized mor drive-by and desktop appraisals. It will...
Mar 16, 2021 | Downsizing, For Sellers, Real Estate
Why are you Selling? What is your Timeframe? Is Your Home Ready for the Market? I have a free book, “The Black Book for Market Preparation” How Much is your Home Worth in Today’s Market? Once you have your answers, pick up your phone and call me! Penny McLaughlin...
