Lower Mortgage Rates Are Bringing Buyers Back to the Market
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and staying on the market longer. That meant some homeowners decided to press pause on selling to wait for lower mortgage rates to bring buyers back to the market. Selling in the shifting […]
Have Home Values Hit Bottom?
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s on many minds, based on […]
Ready To Sell? Today’s Housing Supply Gives You Two Opportunities
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It […]
What Homeowners Want To Know About Selling in Today’s Market
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament […]
Should You Sell Your House During The Holidays? Your House Could Be the #1 Item on a Homebuyer’s Wish List
Each year, homeowners planning to make a move are faced with a decision: should you sell your house during the holidays or wait? And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to […]
Sell Your House Before the Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, […]
3 Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, there’s a focus on the home affordability challenges buyers are facing today. Those headlines are usually focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the […]
Millennials Are Still a Driving Force of Today’s Buyer Demand
There’s no doubt that the market is shifting, but if you’re thinking about selling your house, we have some good news. If you’re wondering if buyers are still out there, know that there are still many people who are searching for a home to buy today – and your house may be exactly what they’re […]
Perspective Matters When Selling Your House Today
Does the latest news about the housing market have you questioning whether or not selling your house today makes sense? If so, perspective is key. Here are some of the ways a trusted real estate professional like myself can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. […]
Is the Shifting Real Estate Market a Challenge or an Opportunity for Homebuyers?
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity! Today, data […]
