by Troy Jones | Aug 31, 2021 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent...
by Troy Jones | Aug 25, 2021 | For Sellers, Housing Market Updates
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was...
by Troy Jones | Aug 19, 2021 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Rent vs. Buy
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains...
by Troy Jones | Aug 18, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales...
by Troy Jones | Aug 17, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with...
by Troy Jones | Aug 16, 2021 | For Sellers, Housing Market Updates, Pricing
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past...
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