There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years.
It’s not, however, just the price of a home that matters.
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market.
The internet and e-commerce have made life more comfortable in an infinite number of ways. Everything is available online in some form or another, and e-commerce makes our favorite products and services more convenient and accessible. E-commerce has even moved into the real estate space. Platforms like Zillow and Trulia were created to help provide information and data to clients and offer an alternative to working with a traditional real estate agent. While innovation in any industry should be celebrated, it’s important to understand the effect of the introduction of the Zillow group. Here is a look at how the differences of using Trulia versus a traditional realtor to buy or sell a home in Denver, Colorado.
Virtually everything can be done online these days. From your banking and grocery shopping to your Christmas shopping and other errands, it’s no wonder that all industries are trying to make their products and services available online for convenience's sake. The real estate industry is no exception. There are many real estate e-commerce companies trying their hand at an online house buying and selling process, but is it better? Zillow, in particular, has some pretty substantial disadvantages. Here’s why we don’t encourage using Zillow instead of a traditional real estate agent.
Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them:
Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable.
Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans:
“What do you believe is the safest investment over the next 10 years?”
At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home?
Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd?
As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that we take for granted and do not stop to appreciate how fortunate we are for having them.”
Below are five compelling reasons to list your house this winter.
The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.
Take advantage of the buyer activity currently in the market.
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