Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.
However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down.
Here’s where industry experts predict the market is headed in the coming year.
Finding a present that hits all the right notes can be surprisingly stressful… But have no fear! We have lined up a list of unique gifts for every “type” on your list. And since we work in real estate, they are all centered around home life.
Given the limited number of listed properties, if you are a buyer in today’s market, you may need to expand your search to include both new construction and resale homes.
In this post we will take a closer look at some of the factors you should consider when choosing between a new build or an existing home.
According to the FBI, more than one million burglaries are committed in the United States each year, with victims suffering an estimated $3 billion in combined property losses. The strategies below can help to maximize your home’s security and minimize your chances of being targeted by intruders.
Feeling drained by the complex logistics of trying to sell and buy a new home all at once?
Read some of the most frequent concerns we hear from clients along with tips to work through them.
Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.
What can we expect from U.S. real estate? Here are five factors that illustrate where the housing market is likely heading.
Whether you are a buyer or a seller, it has never been more important to understand the appraisal process and how it can be impacted by a quickly appreciating and highly competitive housing market. It is also crucial to work with a skilled real estate agent who can guide you to a successful closing without overpaying (if you are a buyer) or overcompensating (if you are a seller). Find out how appraisals in today’s unique real estate environment.
An investment in real estate can help you grow your net worth, build wealth over time, and gain a foothold in the housing market to keep pace with rising prices.
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.
For most of us, our housing needs are cyclical. While your home-buying journey may not look like your neighbor’s or friend’s, broad trends can help you understand what to keep in mind as you house hunt. No one wants to regret their home purchase and taking the time now to think about exactly what you need can save a lot of heartache later.
When it comes to your largest financial asset, forgoing professional representation may not always be in your best interest. Find out whether the benefits outweigh the risks (and considerable time and effort) of selling or buying a home on your own—so you can head to the closing table with confidence.