With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting …
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a …
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report …
The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%.
The …
Is a traditional realtor valuable enough to remain strong against the up and coming e-commerce real estate market? Companies like Zillow and Trulia are coming for the conventional realtor, offering an online real estate experience. Technology is a natural part of our lives now, and the real estate industry …
View More
Online real estate brokerages are becoming more and more prevalent, and more people are choosing to buy or sell their home through virtual means. However, many of them are not thrilled with the outcome. While technology has made so many other parts of our life more simple, replacing realtors …
View More
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing …
The real estate market is taking off right at the start of January 2020 as expected!
Buyers if you were discouraged in December by lack of homes on the market, we are now seeing a massive 89.27% increase in new listings this month. This paired with continued low-interest …
View More
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for …
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to …