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If Housing Affordability Is About the Money, Don’t Forget This.
If Housing Affordability Is About the Money, Don’t Forget This.
market conditions
August 26, 2021

If Housing Affordability Is About the Money, Don’t Forget This.

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There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case. Today’s buyers are spending approximately 20% […]

What To Do with Your Vacation Home as Summer Ends
What To Do with Your Vacation Home as Summer Ends
market conditions
August 24, 2021

What To Do with Your Vacation Home as Summer Ends

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As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last […]

What Do Experts Say About Today’s Mortgage Rates?
What Do Experts Say About Today’s Mortgage Rates?
market conditions
August 23, 2021

What Do Experts Say About Today’s Mortgage Rates?

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Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates […]

More Young People Are Buying Homes
More Young People Are Buying Homes
market conditions
August 19, 2021

More Young People Are Buying Homes

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There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their […]

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
market conditions
August 18, 2021

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

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One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes […]

What Does Being in a Sellers’ Market Mean?
What Does Being in a Sellers’ Market Mean?
market conditions
August 17, 2021

What Does Being in a Sellers’ Market Mean?

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Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The […]

Are Houses Less Affordable Than They Were in Past Decades?
Are Houses Less Affordable Than They Were in Past Decades?
market conditions
August 11, 2021

Are Houses Less Affordable Than They Were in Past Decades?

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There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens […]

Looking for a Place To Call Home? Consider a Condominium.
Looking for a Place To Call Home? Consider a Condominium.
market conditions
August 10, 2021

Looking for a Place To Call Home? Consider a Condominium.

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It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate […]

The Community and Economic Impacts of a Home Sale
The Community and Economic Impacts of a Home Sale
market conditions
August 9, 2021

The Community and Economic Impacts of a Home Sale

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If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community […]

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