Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you. Today’s buyers […]
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even […]
A well-known economic theory – the law of supply and demand – explains what’s happening with prices in the current real estate market. Put, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is meager, prices can rise significantly. Understanding […]
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents want […]
Have you missed purchasing a home in the prime home-buying season of summer? If you are seriously considering buying a home this fall, this is a fantastic strategic time to buy a home. Are you surprised by my statement? You heard it right. Let us discuss in detail why this is a great time to […]
Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s an excellent time to sell. Sellers, don’t miss out on this unique […]
Are you looking out for smart investment opportunities that ensure consistent cash flow? Do you want investments to secure your future with the right investment? Then I think you should be considering residential rental property. Most consider a house as a place to live but don’t realize the fact that home buying is a great […]
Home buying is always a challenging and overwhelming task, and if you are a first-time homebuyer, it can be a daunting task. To get a dream house within your planned budget, it is important to be very much important to contemplate and be aware of various important parameters. This blog guides you across various aspects […]
June 2021 data: In the 50 largest metros, the median rent was $1,575, up 8.1% year-over-year. This translates to an additional $118 per month for renters. Compared to June 2019, the median rent has increased by $149 (10.4%). Rents by size: Studio: $1,294, up 4.0% ($49) year-over-year; 1-bed: $1,466, up 8.0% ($109); 2-bed: $1,770, up […]
Homebuyers are feeling pretty discouraged by the housing market these days. According to the latest Fannie Mae Home Purchase Sentiment Index, just 35% of consumers believe now is an excellent time to buy a home, down from 47% in April. And those who believe it is wrong to be a homebuyer increased to 56% from […]
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