The 2024 summer real estate market is sizzling with activity, offering both challenges and opportunities for buyers and sellers alike. With demand soaring and inventory tightening, buyers are facing fierce competition for available properties, driving prices upwards in many areas.
Hotter Than the Sun: 2024 Summer Real Estate Market Read Post »
In today’s current market, sellers are getting top dollar for their homes while record-low interest rates are helping others lower their mortgage payment. Here’s why it’s time to get your home on the market.
4 Reasons to SELL NOW Read Post »
The COVID-19 pandemic has accelerated digitization across all sectors and the real estate market is no exception. It is still very much a seller’s market and still just as competitive as it was in 2020.
Navigating Digital House Hunting & Sight-Unseen Offers Read Post »
Many are concerned that the housing market will experience a wave of foreclosures and short sales. The fact of the matter is, we aren’t in a housing bubble like we were 15 years ago. There are also fewer homeowners in trouble this time. According to the Wall Street journal, in the last housing crash in 2008, an estimated 9 million people lost their homes to foreclosure or short sale. Fast forward to 2021, the total number of mortgages still in forbearance stood around 1 million.
Are Short Sales & Foreclosures Around The Corner? Read Post »
If you are thinking of buying a home, there truly is no better time than now. With today’s low mortgage rates, buyers have a great opportunity to get more home for their money. There still may be limited inventory, leading to more buyer competition and bidding wars, but more inventory is entering the marketplace each day.
If you are having a challenge finding a home that fits the bill, it may be time to talk to your trusted real estate advisor about building. New home construction is ramping up. Although, new construction won’t completely solve the housing inventory shortage, it does mean that more options will soon be available as you continue your home search.
Limited Inventory? Maybe New Construction is the Answer Read Post »
As we move into the second half of the year, many have questions on what to expect with the real estate market and what’s on the horizon.
The current real estate market is historic. Near record-low mortgage rates are fueling high demand, but a shortage of inventory has complicated buyer’s home searches. Throw a global pandemic into the mix, and we are looking at a real estate market that nobody has witnessed before. Today’s buyers and sellers face unique challenges, and it’s up to trusted real estate professionals to help guide them through these conditions.
Mid-Year Market Update Read Post »
