Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewerhouses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.computs it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there … [Read more...]
Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]
Some Highlights Today’s housing market is different than it was in 2008. Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeownershave far more equity. If you’re concerned about a crash, let’s connect to discuss why this isn’t like last time. … [Read more...]
Have You Thought About Why You Might Want To Sell Your House? [INFOGRAPHIC]
Some Highlights If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sensefor you. If you find your home no longer meets your needs, it may be time to sell. You have a lot to consider when deciding if you should move. Let’s connect today to go over the benefits of sellingyour house. … [Read more...]
Real Estate Is a Driving Force in the Economy
As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner rather than later. Housing, therefore, has thrived in an otherwise down year. Today’s high buyer demand combined with low housing inventory means we’re … [Read more...]
Homeownership Is a Key to Building Wealth
For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home accounts for 90% of the total wealth of a family in the U.S.” How do homeowners gain … [Read more...]
VA Home Loans: Helping Heroes Find a Home
Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes. As we consider the full impact of … [Read more...]
What Impact Might COVID-19 Have on Home Values
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in ... Continue Reading … [Read more...]
Confused About the Economic Recovery? Here’s Why
As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the concern and fear of what will happen as businesses open up again is on all of our minds. ... Continue Reading … [Read more...]
Rise to the Top of the Pool by Selling Your House Today
With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, ... Continue Reading … [Read more...]
Properties for Sale positioned in Scottsdale on Golf Course
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