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Monthly Archives: October 2021

    Housing Challenge or Housing Opportunity? It Depends.

    By Client Care Coordinator | October 27, 2021

    This lack of homes for sale is creating a challenge for many buyers who are growing frustrated in their search. On the other hand, this is a huge opportunity for sellers as low supply is driving up home values. According to CoreLogic, the average home has appreciated by more than $50,000 over the past year. And for many homeowners, that’s opening new doors as they re-think their needs and use their equity to move up or downsize. Read More

    There Are More Homes Available Now than There Were This Spring

    By Client Care Coordinator | October 26, 2021

    If we look at the active monthly listings for 2021 (shown in the chart below), we’ll see that the number of homes on the market has increased fairly steadily since spring this year. The data shows we’re still seeing an increase in active inventory month-over-month. While that gain is a bit smaller month-to-month (see August to September in the chart), September numbers are still up from the month prior. Read More

    Knowledge Is Power When It Comes to Appraisals and Inspections

    By Client Care Coordinator | October 25, 2021

    Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. Read More

    Important Distinction: Homes Are Less Affordable, Not Unaffordable

    By Client Care Coordinator | October 22, 2021

    However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than they historically have been. Read More

    Looking To Move? It Could Be Time To Build Your Dream Home.

    By Client Care Coordinator | October 20, 2021

    While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. Read More

    What Does the Future Hold for Home Prices?

    By Client Care Coordinator | October 19, 2021

    Experts expect price deceleration, not price depreciation over the coming years. Let’s connect to talk through what’s happening in the housing market today, where things are headed, and what it means for you. Read More

    Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

    By Client Care Coordinator | October 18, 2021

    National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category. Read More

    What Do Past Years Tell Us About Today’s Real Estate Market?

    By Client Care Coordinator | October 15, 2021

    Don’t let headlines make you rethink listing your home this fall. Selling today means you can still take advantage of high buyer demand, multiple offers, and a quick sale. If you’re thinking of selling your house, let’s connect and discuss why this fall is the perfect time to do so. Read More

    The Big Question: Should You Renovate or Move?

    By Client Care Coordinator | October 13, 2021

    The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents want... Read More

    Don’t Wait for a Lower Mortgage Rate – It Could Cost You

    By Client Care Coordinator | October 12, 2021

    Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out,... Read More