Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be ... » Learn More about Will the Housing Market Maintain Its Momentum?
General Real Estate Information
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take ... » Learn More about Don’t Be Fooled by Remarkable Real Estate Headlines
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the ... » Learn More about Buyer & Seller Perks in Today’s Housing Market
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, ... » Learn More about Should We Fear the Surge in Cash-Out Refinances?
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the World ... » Learn More about What Is the Strongest Tailwind to Today’s Recovering Economy?
Our housing market has a lot to offer both buyers and sellers right now. Here are a couple of great real estate guides that explain what you needs to know about the general real estate market. Buy a Home Spring 2021 Sell Your House Spring 2021 If you have any questions about buying or ... » Learn More about Thinking of Buying or Selling a Home This Spring?
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 before. 2020 was so strong ... » Learn More about 6 Simple Graphs Proving This Is Nothing Like Last Time
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of ... » Learn More about The Luxury Market Is Attracting Buyers in 2021
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally ... » Learn More about 3 Reasons We’re Definitely Not in a Housing Bubble
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to ... » Learn More about Turn to an Expert for the Best Advice, Not Perfect Advice