Mar 11, 2021 | Distressed Properties, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year...
Mar 9, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing...
Mar 7, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by...
Mar 5, 2021 | Buying Myths, Down Payments, Featured, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what...
Mar 3, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn...