Loading...

Sellers Are Returning to the Housing Market

Sellers Are Returning to the Housing Market

Today’s housing market has low supply and high demand. As a result it can be difficult for buyers to get a home under contract. We are slowing seeing that sellers are coming back on the market. This is a great opportunity for buyers. Javier Vivas, Director of Economic Research at realtor.com, explains: “Seller confidence has been improving gradually after […]

Read More

Housing Market is Strong

The country is still struggling with COVID-19, however the real estate market is resilient. Three reports were recently released showing the housing market is growing. 1. Ivy Zelman’s Real Estate Broker Survey This survey showed that buyer demand is high: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to […]

Read More

Homebuyers are Purchasing Today

Mortgage rates are at a historic low and are projected to remain low through the next year. This is a big incentive for homebuyers. Low interest rates means lower monthly payment or higher buying power. Homeowners who are looking to sell also have an opportunity to take advantage of those eager homebuyers. According to FreddieMac: […]

Read More

Are Home Prices in 2020 Expected to Appreciate or Depreciate?

There is no question that the housing market has been affected to some degree by the pandemic that our country is experiencing. As a result, some potential buyings are questioning whether home prices are expected to appreciate or depreciate. The price of any commodity is determined by the market’s supply and demand. Every month the […]

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 relation to […]

Read More