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 […]
The Real Estate Profession in Transition
Being a Realtor® right now is not as easy as many people think. Consumers hear all the talk about the “hot seller’s market” we’ve been in and assume it’s a gravy train for real estate agents. It’s not necessarily as simple as that. Low Inventory = More Competition The reason for the seller’s market is […]
What Can We Expect from Real Estate in 2022?
As 2021 comes to an end, it’s time to reflect on everything that has happened in this crazy year. It’s also time to start looking ahead to 2022 and what we might expect from the real estate market. Recovering from the Market Pause We saw a significant market “pause” in 2020 due to the uncertainty […]
How Do Mortgage Rates Affect Home Buyers and Sellers?
If you are planning to buy or sell a home (or both) in the near future, it’s always a good idea to keep your eye on mortgage rates. Understand the trends, project potential rate changes and know how they will affect your move. Mortgage interest rates have a significant impact on the real estate market. […]
Real Estate Market Thoughts: Q4 2021
As we finish out the final quarter of 2021, it’s time to take stock of everything that has happened so far this year. It’s also a perfect time to look ahead to the rest of the year and predict what to expect in 2022. Of course, nobody could have predicted the roller coaster we experienced […]
State of the Real Estate Market
The real estate data is in for the second quarter of 2021. It was a market like nothing we’d ever quite seen before. The uncertain times of the pandemic reminded people that there’s no more certain investment than real estate, plus there was a unique combination of factors that made the market extremely fast-paced. Unique […]
It’s Time to Reset Your Home Selling Expectations
We’ve all been hearing stories from family, friends and news anchors about the “crazy” real estate market of this past year. It’s been a red hot seller’s market and houses are selling easier than toilet paper and hand sanitizer were during early days of the pandemic. All you have to do is list your home […]
Home Sellers: How to Take Advantage of the Market Pause
Buyer activity has been tapering off in recent months. We are no longer in quite the real estate frenzy of late 2020 and early 2021. What was once one of the strongest seller’s markets we’ve ever seen is gradually coming back down to earth. This is natural, and it is not surprising at all. The […]
The Market is Too Competitive. Should I Wait to Move?
It’s true that we’re in a very hectic real estate market right now. There aren’t enough houses for sale. Meanwhile, buyer demand continues to soar because of low mortgage interest rates and other factors stemming from the crazy COVID-19 economy. Because the market is so competitive, many buyers and sellers are choosing to wait it […]