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 of Homes for Sale Earlier this year, the number of homes available for sale fell to an all-time low. In recent months, however, inventory levels are starting to trend up. The … [Read more...]
Experts Agree: Options Are Improving for Buyers
Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come. If you’re searching for a home, rising inventory is welcome news. Let’s … [Read more...]
Diving Deep into Today’s Biggest Buyer Concerns
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 64%, up from 56% last month and 38% last July. The latest HPSI explains: “Consumers also continued to cite high home prices as the predominant reason for … [Read more...]
How to get your Buyer’s Offer Accepted
Currently, we are in a cutthroat sellers market. In our area, we are currently averaging a days on market of under a week. So what can be done to get that offer in and, more importantly, get accepted? If you look around there are a ton of suggestions: Know your must haves, your nice to haves, and what the difference is. Be prepared for a bidding war. Don't let your emotions get the best of you Get an agent to represent you. Use their expertise. Understand your Finances. Be … [Read more...]
What It Means To Be in a Sellers’ Market
If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at … [Read more...]
- « Previous Page
- 1
- …
- 97
- 98
- 99
- 100
- 101
- …
- 105
- Next Page »
