If you’ve been thinking about selling and hesitating or simply waiting, you may want to start thinking about how you’ll feel if you miss out on the best time to sell your house in a long time. You never know when (or if) conditions will be like this in the real estate market again. It’s been a sellers’ market for quite … [Read more...] about Homeowners Should Have Some “Fear of Missing Out” on This Market
Housing Market
The Future of Home Price Appreciation and What It Means for You
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist … [Read more...] about The Future of Home Price Appreciation and What It Means for You
What’s Driving High Buyer Demand?
There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak … [Read more...] about What’s Driving High Buyer Demand?
Sellers: You’ll Likely Get Multiple Strong Offers This Season!
Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you. Today’s buyers … [Read more...] about Sellers: You’ll Likely Get Multiple Strong Offers This Season!
Today’s market presents challenges and benefits for buyers
Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges. Meter … [Read more...] about Today’s market presents challenges and benefits for buyers
Phoenix No. 1 in U.S. for year-over-year home price increase
S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for March 2021 show that home prices continue to increase across the U.S. and Phoenix leads the way with the highest year-over-year home price increase. More … [Read more...] about Phoenix No. 1 in U.S. for year-over-year home price increase
The Right Expert Will Guide You Through This Unprecedented Market
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from normal. As a result, an … [Read more...] about The Right Expert Will Guide You Through This Unprecedented Market
Are we in a housing bubble?
In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply … [Read more...] about Are we in a housing bubble?