by Troy Jones | May 4, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020....
by Troy Jones | Apr 29, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have...
by Troy Jones | Apr 26, 2021 | For Sellers, Move-Up Buyers, Pricing, Selling Myths
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In...
by Troy Jones | Apr 23, 2021 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a...
by Troy Jones | Apr 22, 2021 | For Buyers, For Sellers, Housing Market Updates
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be...
by Troy Jones | Apr 21, 2021 | For Buyers, For Sellers, Interest Rates, Move-Up Buyers
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below...
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