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Monthly Archives: July 2021

    Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]

    By Treasure Davis | July 23, 2021

    Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up. Terms... Read More

    Today’s Real Estate Market Explained Through 4 Key Trends

    By Treasure Davis | July 22, 2021

    As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage... Read More

    Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

    By Treasure Davis | July 21, 2021

    Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing Fad Before the... Read More

    3 Charts That Show This Isn’t a Housing Bubble

    By Treasure Davis | July 20, 2021

    With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could... Read More

    What You Should Do Before Interest Rates Rise

    By Treasure Davis | July 19, 2021

    In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’s... Read More

    Diving Deep into Today’s Biggest Buyer Concerns

    By Treasure Davis | July 15, 2021

    Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit... Read More

    Housing Supply Is Rising. What Does That Mean for You?

    By Treasure Davis | July 14, 2021

    An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in... Read More

    Why This Isn’t Your Typical Summer Housing Market

    By Treasure Davis | July 13, 2021

    In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how... Read More

    4 Major Incentives To Sell This Summer

    By Treasure Davis | July 12, 2021

    While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly According to the most... Read More

    Selling Your House? Make Sure You Price It Right.

    By Treasure Davis | July 8, 2021

    There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick... Read More