Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
I’ve never seen anything like it… incredibly low, almost ridiculously low mortgage interest rates, in the high 2’s !! If you’ve been putting off that home purchase, now is probably the time to get off the fence. I could be mistaken, but I can’t imagine you’re going to find better (read LOWER) mortgage interest rates… Read More
A Rare Balance: Mortgage Rates Hit a New Low, Home Prices Remain Stable. I realize this isn’t the season that most folks choose to move. Kids are settled into classrooms, ‘bad weather’ season is on its way in most parts of the country, and the holidays are creeping up fast. I get all that, I… Read More
Homeowners “Ready to Move On” NAR Says New property listings have come in fits and starts this home buying season. From late Winter into the beginning of Summer the Real Estate market sprinted ahead at a rapid pace, with homes priced at $220,000 and under flying off the shelf. It wasn’t unusual this past Spring,… Read More
Economist Says Summer May Be the Hottest Season to Buy and Sell …and any Realtor who’s been in the business for awhile has seen this. Families move in the Summer for the obvious reason that it does not interfere with their children’s school year. Summertime is prime for vacation home turn-over, again for obvious reasons…. Read More
Home values are appreciating faster than experts expected, rising almost 5 percent over the past year, according to Zillow® Real Estate Market Reports. There are 3.4 percent fewer homes for sale in the U.S. than there were 12 months ago. Zillow forecasted home values would grow 2 percent from April 2015 to April 2016, and outside housing experts… Read More
