Real Estate markets fluctuate daily but one industry trend has persisted for years- the most common expression is ‘lack of inventory’. It has been the motivation behind most of our ongoing problems with the real estate market. Home prices soared because of low inventory and current home buyers are in limbo for the same reason…. Read More
Right off the bat I want to set your mind at ease. The Real Estate market does not appear to be in crash mode, at least not of the 2008 variety with which we are all painfully familiar. This is an adjustment, admittedly an unusual one. I know… I too roll my eyes at the… Read More
IT WAS FUN WHILE IT LASTED This is clearly the only way for home sellers to look at it. In the world of Real Estate, change is good. Just imagine what would happen to the market if our recent upsurge in home prices and extreme seller’s market had continued unchecked. Fantastic for home sellers you… Read More
Beyond a shadow of a doubt, the Housing Market has begun to shift. Most of us have seen this coming, and I have to say it’s about time. Price increases in an average year sit around 6-7%. Nearly every market in the country has exploded way above average, exceeding that percentage by double, triple, quadruple…… Read More
Sales figures for New Construction homes closed in July are not in just yet. But I’ve spoken with several builders in the past few weeks and they’ve told me they are crazy busy, even having difficulty keeping up with the limited number of lots they are permitted to release for sale each week. The timetable… Read More
Real Estate market conditions are in constant flux and your home selling strategy will need to keep up. For instance, your game plan in a market with low inventory like current 2020 first quarter conditions, will be entirely different than a market saturated with listings, and each variation in between will alter your methods in… Read More
Along with routine monitoring of local and national Real Estate market data, we closely follow changes in home loan trends, lending regulations and most notably mortgage interest rates, since developments in the mortgage industry directly affect our clients, both home buyers and home sellers. The sharply rising rates spouted in many ominous predictions for 2019,… Read More
Evaluating Your Real Estate Options? Get Local. Investing? Relocating? Evaluating your financial position? It’s reasonable to assume that Real Estate will be an important factor in your equation. The relationship between our country’s economy and the nationwide real estate market is undeniable- the strength and weakness of each has an effect on the other. A… Read More
No Flip-Flop in Home Prices Expected. Nationwide, unemployment is down and new job creation has been rising at a very promising rate, residential rents are increasing in all major metro areas and mortgage interest rates are still low… the perfect storm for a stable Real Estate market. Due in part to a long-term lack of… Read More
Rent vs Buy at the Tipping Point, 65 Percent into the Buy Zone. In several instances recently I’ve helped put folks into a home of their own for far less in monthly mortgage payments, than the cost of rental homes they were looking at or living in. In each case the homes they purchased were… Read More
