Hope Is on the Horizon for Today’s Housing Shortage
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with [...]
15
06, 2021
14
06, 2021
Why Is Inventory So Low? Study Cites Decades of Underbuilding as Root Cause
The pandemic has brought to a boil an issue that has simmered for years, affecting all Americans, but none more than residential real estate professionals. Every week, the lament is [...]
14
06, 2021
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 [...]
9
06, 2021
In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little [...]
8
06, 2021
How Local Inventory Can Affect Your Ability to Sell Your Home
Local inventory refers to the number of active listings in a particular geographic area at one time. Inventory is calculated and reported at the end of each month, but the [...]
28
05, 2021
How Misunderstandings about Affordability Could Cost You
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are [...]
24
05, 2021
Should I Move or Refinance?
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those [...]