Some Highlights.

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. Recent data from realtor.com shows that a larger share of homeowners plan to list their houses this winter. So, that means […]

Like most industries, residential real estate has seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the […]

Some Highlights.

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks […]

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the […]

Sellers have a great opportunity this season as buyer demand heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category. […]

Even in a hot sellers’ market like today’s, in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment. Here are four simple tips to ensure you maximize your house’s […]

If you want to maximize your sales and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, listing your house on your own can be tempting – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and […]

You’re not alone if you’ve been in your home for over five years. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below): As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than […]

An important metric in today’s residential real estate market is the inventory of homes available for sale. The shortage of available housing inventory is the primary reason for the double-digit price appreciation we’ve seen in the last two years. Ireason purchasersdwho -be purchasers are frustrated with the bidding warsr the available hohomeswever, signs of relief […]

If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. You may not realize that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the […]