A ‘Buyer’ in Hand is Worth Two in the Bush

In today’s highly competitive seller’s market where there are more buyers than there are homes for them to buy, some sellers may feel like the ball is in their court. And they would be right when it comes to choosing which offer to accept, the closing date, or even which improvements they are willing to make […]

Posted in For Sellers

Rising Home Prices Mean Great News for Homeowners

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers who are out looking for homes, which has caused prices to rise. The great news […]

Posted in For Sellers, Move-Up Buyers, Pricing

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home. Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory […]

Posted in For Sellers

Singles Are Falling for Their Dream Home First [INFOGRAPHIC]

Some Highlights:

• According to NAR’s Profile of Home Buyers & Sellers, the share of recent homebuyers who were single at the time of purchase held steady at 24% last year.
• The percentage of first-time buyers who were single females rose to 17% (up from 16%), as the share of single men dropped from 11% to 8%.
• The primary reason for buying a home amongst singles was the desire to own a home of their own (38% for women and 37% for men).

Posted in First Time Home Buyers, For Buyers, Infographics

84% of Americans Believe Buying a Home is a Good Financial Decision

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision: Homeownership […]

Posted in First Time Home Buyers, For Buyers, Move-Up Buyers

3 Tips to Succeed in Today’s Real Estate Market

In today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you are most prepared for success when buying a home. The 3 tips we are going to expand on today come from a recent blog by […]

Posted in First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

Homeowners: Your Home Must Be Sold TWICE

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for […]

Posted in For Sellers

The High Impact of Low Interest Rates on Your Purchasing Power

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, […]

Posted in First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

5 Reasons Why You Should Not For Sale By Owner!

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are […]

Posted in For Sellers, FSBOs

Median Days on the Market Drops to 27! [INFOGRAPHIC]

Some Highlights:

• The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
• The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
• Homes sold in less than a month in 24 out of 50 states, and Washington D.C.
• Homes typically went under contract in 27 days in May!

Posted in For Buyers, For Sellers, Infographics