Jul 20, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
“The summer swoon in mortgage rates continues as the 30-year fixed-rate mortgage fell for the third consecutive week,” Freddie Mac chief economist Sam Khater said in the report. “While this decline is not large, it provides modest relief to borrowers who are...
Jun 30, 2021 | For Buyers, Market Trends, Real Estate
Considering buying a home in this real estate market? Competition is fierce, and other buyers can be ruthless. Bidding wars are more and more common, and buyers often get caught in a multiple offer situation. Set your emotions aside. In this market, you want to try...
Jun 28, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
The NAR’s generational trends report reveals that each generation is seeking something different in a home, with some similarities. And despite an increasing reliance on the internet to help homebuyers manage the process, they still seek the help of Realtors to find...
Jun 24, 2021 | For Buyers, For Homeowners, For Sellers, Local Market Reports, Market Trends, Real Estate
Friends and Clients, Even after more than a year in a frenzied market, home prices continue to soar. This is great news for those who own homes in our marketplace. The Case-Shiller National Home Price Index measures the average home prices in major markets across the...
Jun 22, 2021 | For Buyers, For Sellers, Market Trends, Real Estate
71% of Americans can expect home prices to grow even more this year, according to a recent survey by Gallup. That figure stood at only 40% a year ago, and since then, housing prices have risen to record levels. Despite the pricey and hyper-competitive market, 53%...
Jun 15, 2021 | For Buyers, Market Trends, Real Estate, Remodeling
According to home builders, the cost of lumber has increased more than 300% since last April with other materials like steel and concrete rising fast as well. The NAHB has reached out to lawmakers for solutions resulting in bipartisan support. Source:...
