by Troy Jones | Dec 10, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths
If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is...
by Troy Jones | Dec 9, 2020 | For Buyers, For Sellers, Housing Market Updates, Pricing
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency...
by Troy Jones | Dec 8, 2020 | For Buyers, For Sellers, Housing Market Updates
Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist, Daniel...
by Troy Jones | Dec 7, 2020 | For Sellers, Housing Market Updates, Luxury Market
This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home is a positive factor in...
by Troy Jones | Dec 3, 2020 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Selling Myths
In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home...
by Troy Jones | Dec 2, 2020 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the...
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