by Troy Jones | Apr 27, 2021 | For Buyers, Housing Market Updates, New Construction
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate...
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 20, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing
The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the...
by Troy Jones | Apr 15, 2021 | For Sellers, Housing Market Updates, Luxury Market
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The...
by Troy Jones | Apr 12, 2021 | Distressed Properties, Foreclosures, Housing Market Updates
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are...
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