Jun 28, 2022 | For Buyers, For Homeowners, For Sellers, Real Estate
Today’s real estate market is still competitive for buyers. If you fall in love with a home, chances are that other buyers have seen it too and you’ll be competing against them to get your offer accepted. Even though interest rates have increased, there still aren’t...
May 26, 2022 | For Buyers, For Sellers, Home Financing, Market Trends, Real Estate
The market seems to be reaching a tipping point. While home prices are still climbing nationally, the increased mortgage costs have also pushed some buyers out of the market. National home sales fell 2.7% in March, and mortgage applications dropped 5% in mid-April. ...
May 6, 2022 | Business, For Buyers, For Homeowners, For Sellers, Market Trends, Real Estate
In 2006 foreclosures flooded the market and that dramatically decreased home values. The two main reasons for the flood of foreclosures were: Many purchasers were not truly qualified for the mortgage they obtained, which led to more homes turning into foreclosures....
May 3, 2022 | For Buyers, For Homeowners, For Sellers, Local Market Reports, Market Trends, Real Estate
Due to pandemic-related disruptions over the past two years, the real estate market has completely changed and decidedly favors sellers. If you want to take advantage of this market and extract as much value out of your property as possible, now is the time to sell....
Apr 15, 2022 | For Buyers, For Sellers, Market Trends, Real Estate
Even in the face of a daunting struggle – finding a home that met their needs, coming up with the money to afford it, and prevailing in a bidding war, buyers weren’t dissuaded. The top reasons to purchase a home, even in this market, were that buyers wanted to own a...
Apr 14, 2022 | For Buyers, For Sellers, Real Estate
In such an overheated market, with more buyers than homes for sale, it’s good idea to understand the competition. Millennials have made up the biggest percentage of homebuyers since 2014. Approximately 81% of younger millennials, aged 25 to 31, and 48% of older...
