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Three Ways Low Inventory Is a Win for Sellers

2020-10-29T04:00:49-06:00

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to

Three Ways Low Inventory Is a Win for Sellers2020-10-29T04:00:49-06:00

Buyer Interest Is Growing among Younger Generations

2020-10-28T04:00:32-06:00

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), explains: “Home sales traditionally taper

Buyer Interest Is Growing among Younger Generations2020-10-28T04:00:32-06:00

How Down Payment Assistance Opens the Door to Homeownership

2020-10-27T04:00:11-06:00

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable with the financial process of buying a home, it’s hard

How Down Payment Assistance Opens the Door to Homeownership2020-10-27T04:00:11-06:00

Two Important Impacts of Home Equity

2020-10-26T04:00:12-06:00

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight just reported: “The annual percent change in the overall median

Two Important Impacts of Home Equity2020-10-26T04:00:12-06:00

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

2020-10-23T04:00:21-06:00

Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand out from the crowd. Let’s connect today to

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]2020-10-23T04:00:21-06:00

Home Values Projected to Keep Rising

2020-10-22T04:00:47-06:00

As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come. Due to the undersupply of homes on the market today,

Home Values Projected to Keep Rising2020-10-22T04:00:47-06:00

Why Today’s Options Will Save Homeowners from Foreclosure

2020-10-21T04:00:53-06:00

Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that up to 30% of homeowners would choose to enter forbearance. Less than 10% actually did, and that percentage has been dropping steadily. Black Knight recently

Why Today’s Options Will Save Homeowners from Foreclosure2020-10-21T04:00:53-06:00

Americans Are Gaining Confidence in the Economy

2020-10-20T04:00:28-06:00

The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on many Americans. However, the latest Home Purchase Sentiment Index from

Americans Are Gaining Confidence in the Economy2020-10-20T04:00:28-06:00

Real Estate Continues to Show Unprecedented Strength This Year

2020-10-19T04:00:43-06:00

The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more? Here’s a look at what several industry-leading experts have to say. Lawrence Yun, Chief Economist, National Association of Realtors “Home sales

Real Estate Continues to Show Unprecedented Strength This Year2020-10-19T04:00:43-06:00

How to Prepare for a Bidding War [INFOGRAPHIC]

2020-10-16T04:00:53-06:00

Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home. Let’s connect today to be sure you have the guidance you need as the competition for homes

How to Prepare for a Bidding War [INFOGRAPHIC]2020-10-16T04:00:53-06:00
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