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Homeowner Wealth Increases Through Growing Equity This Year
Homeowner Wealth Increases Through Growing Equity This Year
market conditions
June 23, 2021

Homeowner Wealth Increases Through Growing Equity This Year

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Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their […]

Pre-Approval Makes All the Difference When Buying a Home
Pre-Approval Makes All the Difference When Buying a Home
market conditions
June 22, 2021

Pre-Approval Makes All the Difference When Buying a Home

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You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand […]

5 Things Homebuyers Need To Know When Making an Offer
5 Things Homebuyers Need To Know When Making an Offer
market conditions
June 21, 2021

5 Things Homebuyers Need To Know When Making an Offer

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When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in […]

Charleston’s flood insurance premiums will get a discount with improved rating from FEMA
Charleston’s flood insurance premiums will get a discount with improved rating from FEMA
local news
June 18, 2021

Charleston’s flood insurance premiums will get a discount with improved rating from FEMA

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As seen in a Post & Courier article on June 11, 2021 - The city of Charleston has improved a rating that provides flood insurance discounts to city residents,

Housing Wealth: The Missing Piece of the Affordability Equation
Housing Wealth: The Missing Piece of the Affordability Equation
market conditions
June 17, 2021

Housing Wealth: The Missing Piece of the Affordability Equation

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The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing […]

Hope Is on the Horizon for Today’s Housing Shortage
Hope Is on the Horizon for Today’s Housing Shortage
market conditions
June 15, 2021

Hope Is on the Horizon for Today’s Housing Shortage

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The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below […]

The Right Expert Will Guide You Through This Unprecedented Market
The Right Expert Will Guide You Through This Unprecedented Market
market conditions
June 14, 2021

The Right Expert Will Guide You Through This Unprecedented Market

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In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from […]

Why This Is Not Like 2008 Again
Why This Is Not Like 2008 Again
market conditions
June 10, 2021

Why This Is Not Like 2008 Again

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During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many […]

Home Price Appreciation Is as Simple as Supply and Demand
Home Price Appreciation Is as Simple as Supply and Demand
market conditions
June 9, 2021

Home Price Appreciation Is as Simple as Supply and Demand

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Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand […]

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