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Monthly Archives: April 2021

    Should I Buy Now or Wait?

    By Ian Cuevas | April 30, 2021

    Should I Buy Now or Wait? [INFOGRAPHIC] Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend... Read More

    Is Home Price Appreciation Accelerating Again?

    By Treasure Davis | April 29, 2021

    At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that... Read More

    Patience Is the Key to Buying a Home This Year

    By Treasure Davis | April 28, 2021

    The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? It’s because there are... Read More

    Will the Housing Market Maintain Its Momentum?

    By Treasure Davis | April 27, 2021

    Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation as to why... Read More

    4 Tips to Maximize the Sale of Your House

    By Treasure Davis | April 26, 2021

    Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association... Read More

    This Isn’t a Bubble. It’s Simply Lack of Supply

    By Treasure Davis | April 23, 2021

    Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.” Today’s housing market... Read More

    Don’t Be Fooled by Remarkable Real Estate Headlines

    By Treasure Davis | April 22, 2021

    Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term... Read More

    82,338 Great Reasons to Buy a Home Today

    By Treasure Davis | April 20, 2021

    The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation... Read More

    How Much Time Do You Need To Save for a Down Payment?

    By Treasure Davis | April 19, 2021

    One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from the U.S. Department... Read More

    93% of Americans Believe a Home Is a Better Investment Than Stocks

    By Treasure Davis | April 14, 2021

    A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post... Read More