What You Need to Know About Home Appraisals
Home appraisals are an important part of the real estate sales process when a mortgage loan is required for the transaction. Their purpose is often misunderstood by home buyers and sellers, and it can sometimes provide unexpected complications when the numbers don’t match up. Appraisals are meant to protect the lender, but can also provide […]
Changing with the Times: Technology and Real Estate
We’ve been real estate professionals for a long time. We’ve been proud to help over 300 families make successful moves. The industry has changed dramatically over the past few years. Technology continues to evolve, and our business may experience more change in the next five years than in the past 30. We know that as […]
Estate Planning for an Uncertain Future
Throughout our lives and business, we’ve had the pleasure of meeting so many different people. Everyone will face their own trials and tribulations throughout life—hardship, health issues, family drama and financial pressures. And ultimately, we all face the same fate. We see this everyday when working with our clients as we try to help them […]
Protect Yourself Against Deed and Title Fraud
Title fraud (aka “home title theft”) is a growing problem throughout the country. It is a horrible type of real estate fraud and identity theft that could end up costing you ownership of your property or cause serious financial trouble. It happens when someone uses a homeowner’s personal information to forge a deed and use […]
Important Real Estate Trends Shaping the 2024 Housing Market
On the previous Cyr Team Blog article, we discussed “What to Expect with Home Affordability in 2024.” [Click here to read the full article.] We shared data and trends from our recent report comparing real estate sales trends between 2023 and previous years. [Click here to download report.] There are some additional topics from the […]
What to Expect with Home Affordability in 2024
We recently released a report comparing a number of different real estate data points between 2023 and previous years. [Click here to download full report.] One of the overarching themes of last year was the rising challenge of home affordability. It is getting harder and harder for people in America (and in our markets specifically) […]
Reflecting Back on 2023. Looking Ahead to 2024.
It’s amazing to believe that 2023 is already coming to an end. There were many things for us to enjoy and celebrate this year. However, it was a somewhat forgettable year from a real estate perspective. It’s no secret it was a challenging market with such high mortgage rates throughout most of the year and […]
Demographic Factors Affecting Homeowner Migration Trends
In our most recent blog article, we examined how homeowner migration trends over the past few years have affected home values. We looked at why people have left bigger cities in favor of smaller metropolitan markets. These burgeoning markets, in turn, have seen significant increases in property values. This helps spark more migration, and so […]
The Affects of Homeowner Migration on Home Values
We’ve seen significant homeowner migration since the pandemic. However, many of these trends started long before anyone had heard of Covid. Many people started moving from the largest metro areas to smaller and mid-sized cities, and it’s been happening across the United States. Migration Patterns Seattle to Portland, Houston to Austin, New York to Raleigh, […]
How Home Affordability Impacts Buying, Selling and Renting Trends
In our previous article, we talked about the effects of high mortgage rates on the real estate market. [Click here to read the full article.] We touched on the subject of rising home prices, as well. In this post, we would like to dig deeper on the trends of home pricing, renting and overall home […]