July 2021

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers /

Some Highlights

Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
Although the supply increases are m…

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Diving Deep into Today’s Biggest Buyer Concerns

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"DivingLast week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad […]

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Housing Supply Is Rising. What Does That Mean for You?

For Buyers, For Sellers, Housing Market Updates /

\"HousingAn important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit […]

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Why This Isn’t Your Typical Summer Housing Market

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"WhyIn real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how […]

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Selling Your House? Make Sure You Price It Right.

For Sellers, Pricing, Selling Myths /

\"SellingThere’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). […]

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The Truths Young Homebuyers Need To Hear

Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy /

\"TheFor many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value […]

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A Look at Home Price Appreciation Through 2025

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing /

\"AHome prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record […]

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Home Builders Ramp Up Construction Based on Demand

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction /

\"HomeIf you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition and […]

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