With interest rates remaining high and inventory low, many who were considering selling and then buying, are now considering staying in place. That doesn’t mean their current home is everything they need it to be, however; maybe more space is needed. So, what are the options? This is a question my family has been…
With temps rising and more time outside, many homeowners are considering ways to increase the value of their home now and into the future. Beyond basic maintenance of the property and any structures that sit on it – home, garage, or shed – what outdoor living trends can add value? Or even take value away?…
The New Year is in full swing and after a hectic holiday season many are reflecting on intentions and goals for the year ahead. If buying or selling a home is on your vision board for 2023, it’s important to understand today’s housing market, outline your long term goals, and work with industry experts in…
As 2022 comes to a close and we sit back to reflect on the ups and downs of this year’s housing market, we can’t help but wonder what’s in store for 2023. According to several articles and predictions we’ve browsed, 2023 could be tough for both buyers and sellers. A recent article posted on Bankrate…
Note: This article by Lawrence Yun has been reprinted from the Spring 2022 issue of Realtor Magazine, with permission of the National Association of REALTORS®. Calmer Market Ahead Expect some easing in sales, though prices will continue to inch higher By Lawrence Yun (originally printed in the Spring 2022 issue of Realtor Magazine) The…
In today’s post we address mortgage rates, where they are headed and what this will mean for the real estate industry; particularly buyers, sellers and home prices. Mortgage rates were expected to rise in 2022. At an all-time low in 2021, many forecasted that mortgage rates would rise gradually and end this year in the…
The biggest story in real estate hasn’t changed much over the past few months. Inventory of homes for sale remains low, while demand remains high. It doesn’t appear this tale is set for a plot twist anytime soon either. According to several recent blog posts since the turn of the year from Keeping Current…
Homebuyers have had it rough over the past year, particularly in early 2021. With the prevailing market conditions favoring sellers, like low inventory and bidding wars, many are feeling discouraged about the home buying process. If you are one of those buyers, don’t give up on the search for your dream home just yet.…
If you live in a hot real estate market, the rumor mill is constantly spinning. Neighbors share stories about houses selling way over asking price, sight unseen! For sellers, these stories are encouraging but often misleading. Many of these home-sale tales are anomalies. Not every seller will see the same results; especially if they price…
There’s no denying we are still in a sellers’ market; and if market conditions remain steady, we will be for some time. However, there is a silver lining for homebuyers…inventory levels may be trending up. This can be a positive for both buyers and sellers, but means sellers will want to make sure their home…
