Real Estate Market Update

Real Estate Market Update The Spring Market Is a Sweet Spot if You’re Looking To Sell Wondering if now’s a good time to sell your house? Short answer: it is. Here’s why.   … the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels.   Inventory Is […]
Real Estate Market Update Why You Want an Agent’s Advice for Your Move No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.   Moving is no exception. You need insights from the pros to help you […]
Real Estate Market Update Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.   An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us […]
Real Estate Market Update It’s Time To Prepare Your House for a Spring Listing If you’re thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it’ll be important to make sure your house shines bright among the competition.   Here are some valuable tips you can use to get your house market-ready.   Declutter and […]
Real Estate Market Update Home Equity Can Be a Game Changer When You Sell Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains:   “Home equity is the difference between your home’s value and the amount you still owe […]
Real Estate Market Update Winning Plays for Buying a Home in Today’s Market Build Your Team Make sure you have trusted professionals on your side, including your local real estate agent and lender. The pros have the skills you need to move quickly and efficiently.   Make Strategic Plays Careful budgeting and planning for your down payment are key. Think about your wish list and prioritize what you […]
Real Estate Market Update Will a Silver Tsunami Change the 2024 Housing Market? Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market.   What Does Silver Tsunami Mean? A recent article from HousingWire calls it: “. . […]
Real Estate Market Update Why It’s More Affordable To Buy a Home This Year Home affordability depends on three factors: mortgage rates, home prices, and wages. The good news is affordability is getting better if you want to buy a home.   Mortgage Rates Are Down from Their Recent Peak Home Prices Are Expected To Rise at a Slower Pace Wages Are Increasing Faster Than Usual  
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Real Estate Market Update 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not […]
Real Estate Market Update Homeownership Is Still at the Heart of the American Dream   Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow: “The American Dream is still owning a home. […]
Real Estate Market Update Winter Weather Safety Texas homeowners and renters should be prepared to protect their homes when temperatures drop below the freezing mark for more than 24 hours.     Frozen pipes are an annual issue for many Texans A hard freeze could result in frozen water pipes, which can lead to pipes bursting and leaking. A prolonged cold spell […]
Real Estate Market Update Achieving Your Homebuying Dreams in 2024 Planning to buy a home this year? Here’s what to focus on: Improve Your Credit Your credit score impacts your mortgage rate and future home loan. Monitor your credit and work on improving it by paying off debts. Plan for Your Down Payment Save some money from every paycheck for your home fund and get […]
Real Estate Market Update Embracing a Promising 2024 in Real Estate I trust this letter finds you in good health and high spirits as we embark on the exciting journey that is the year 2024. As we step into the first quarter, I wanted to take a moment to share some uplifting insights into the current real estate market and the promising landscape that lies ahead. […]
Real Estate Market Update Experts Project Home Prices Will Rise over the Next 5 Years Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four […]