Senior Housing Challenges in an Evolving Real Estate Market
As Baby Boomers and Generation Xers continue to age into their senior years, we’re seeing some interesting housing trends develop. Many wish to “age in place.” This means staying in their longtime family home or moving to a smaller place, but still in the same general neighborhood. This puts a crunch on local real estate […]
The Pros and Cons of AI in Real Estate
There is a lot of talk in the news about artificial intelligence (AI). What was once pure science fiction has become somewhat of a reality. The robots aren’t ready to take over the world just yet, but we do see AI-generated art, music and writing all over the place. The trend will probably continue to […]
The State of Real Estate – When Will Housing Prices Drop in 2022?
In our last article, we talked about the state of real estate. We covered the current market trends as they relate to inflation, high mortgage rates, housing inventory and home values. [Click here to read the full article.] Today, we want to look forward. The real estate market has changed and so must our expectations […]
The State of Real Estate—Housing Market 2022
There are a lot of questions in the real estate market right now. Is the market crashing because of inflation and high mortgage rates? Why are mortgage rates so high and will they ever come back down? Is now a good time to sell a home? Should home buyers wait until market conditions improve? We’re […]
Real Estate Pricing Strategy
The real estate market is changing. There is still very low housing inventory, which is to the advantage of home sellers. That is one of the biggest reasons home prices have gone up so quickly in recent years. However, the other reason for price increases was historically low mortgage rates. Interest rates have gone up […]
Real Estate Market Shift?
Mortgage rates recently went up over 6% after experiencing record lows during the pandemic. Inflation has also impacted our economy. The real estate market remains active, but the tides might be changing. We could be on the verge of a major market shift, especially if certain economic factors keep trending in the same direction. In […]
Should I Sell My Home?
Many homeowners have been on the fence in the past couple years. They know it has been a strong seller’s market with high buyer demand, quicker home sales and rising prices. However, it’s very natural to want to wait. If prices are going to keep increasing, why shouldn’t you hold off and time your sale […]
5 Real Estate Myths for Home Sellers—Fact or Fiction?
There are many real estate myths out there, especially in today’s seller’s market. Both home buyers and home sellers are making certain assumptions that could be costing them time and/or money. Some of these misconceptions might even be preventing someone from making any type of move in this market. Today, we want to focus on […]
Where Are People Moving According to the U.S. Census?
The 2021 U.S. Census data was recently released and there are some interesting trends to review. As real estate professionals, we are most curious about where people have been moving in the past few years. One trend has been clear since the beginning of the pandemic: people are moving away from the big cities and […]
Is it a Good Time for Building a New Home?
The idea of building a new home is very appealing. If you are able to find the right property, you can design and build the house of your dreams from the ground up. In some markets, it can be done cheaper than buying an existing home. In others, it may cost you more. It all […]