News Items in the Category

market conditions

Important Distinction: Homes Are Less Affordable, Not Unaffordable
October 21, 2021

Important Distinction: Homes Are Less Affordable, Not Unaffordable

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It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they […]

Looking To Move? It Could Be Time To Build Your Dream Home.
October 20, 2021

Looking To Move? It Could Be Time To Build Your Dream Home.

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While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting […]

What Does the Future Hold for Home Prices?
October 19, 2021

What Does the Future Hold for Home Prices?

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If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer […]

The Big Question: Should You Renovate or Move?
October 13, 2021

The Big Question: Should You Renovate or Move?

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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) […]

Don’t Wait for a Lower Mortgage Rate – It Could Cost You
October 12, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

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Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve […]

Experts Agree: Homeownership Provides a Path to Long-Term Wealth
October 11, 2021

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

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A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d […]

111,285 Reasons You Should Buy a Home This Year
October 7, 2021

111,285 Reasons You Should Buy a Home This Year

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The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing […]

What Do Supply and Demand Tell Us About Today’s Housing Market?
October 6, 2021

What Do Supply and Demand Tell Us About Today’s Housing Market?

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There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, 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 […]