News Items in the Category

market conditions

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans
July 29, 2021

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

By:

Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through […]

A Look at Housing Supply and What It Means for Sellers
July 27, 2021

A Look at Housing Supply and What It Means for Sellers

By:

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and […]

3 Hot Topics in the Housing Market Right Now
July 26, 2021

3 Hot Topics in the Housing Market Right Now

By:

If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and […]

Today’s Real Estate Market Explained Through 4 Key Trends
July 22, 2021

Today’s Real Estate Market Explained Through 4 Key Trends

By:

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage […]

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?
July 21, 2021

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

By:

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing […]

3 Charts That Show This Isn’t a Housing Bubble
July 20, 2021

3 Charts That Show This Isn’t a Housing Bubble

By:

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could […]

What You Should Do Before Interest Rates Rise
July 19, 2021

What You Should Do Before Interest Rates Rise

By:

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage […]

Diving Deep into Today’s Biggest Buyer Concerns
July 15, 2021

Diving Deep into Today’s Biggest Buyer Concerns

By:

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad […]