Buying, Selling

July 31, 2018

Growing Inventory Offers Buyers More Options

The story of this year's housing market has mostly been about inventory. With a lower number of homes for sale and high buyer demand, competition and prices have been on the rise, making conditions more challenging for home buyers. But, if the most recent Pending Home Sales Index from the …

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Posted in Buying, Selling
July 25, 2018

Home Buyer Must Haves Mean Compromise

Searching for a home to buy can be frustrating. Mostly because it's not always easy to find a house in the right neighborhood with every one of the features you dreamed of. If you find the perfect kitchen, the house will have too few bedrooms. Or you'll find a house …

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Posted in Buying, Selling
July 24, 2018

Inventory Climbs But Not Enough To Help Sales

New numbers from the National Association of Realtors show sales of b homes were basically flat in June and are now 2.2 percent lower than they were at the same time last year. And yet, buyer demand has been high all year. So why aren't more homes selling? Well, according …

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June 22, 2018

Typical Property Took 26 Days To Sell In May

Available homes continue to sell quickly with the typical property going under contract in less than a month, according to new numbers from the National Association of Realtors. The newly released data shows the average property sold in 26 days, which was unchanged from the month before. Lawrence Yun, NAR's …

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Posted in Buying, Selling
June 20, 2018

What Do Homeowners Do With Their Equity?

One of the main arguments in favor of buying a home is equity. When you rent, you're sending your monthly payment to a landlord. As a buyer, your monthly mortgage payment is helping to build equity. Of course, many homeowners wait and then, following the sale of their house, use …

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June 8, 2018

Americans Say Now Is The Time To Sell A House

Depending on your plans, the fact that home prices have been increasing lately could be good or bad. After all, current homeowners who are looking to sell a house will feel much differently about higher prices than a first-time buyer who has to save for a down payment. This reality …

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Posted in Buying, Selling
May 29, 2018

Why The New Home Market Matters To You

If you aren't in the market for a new home, why should you care about the new home market? Well, for starters, it plays a very important role in the health of the housing market. And that affects all buyers, not just new home buyers. How? Simply put, new …

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May 16, 2018

How Builder Confidence Affects Home Prices

If you're considering becoming a buyer in today's housing market, you're likely wondering what's happening with home prices. Well, the primary factor driving values upward is a lack of available homes for sale. Simply put, there are more buyers than homes in many markets. This, of course, means home …

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Posted in Buying, Selling
May 9, 2018

Homeowners Get A Better Grip On Home Values

The mortgage process is really just about verifying and documenting the various aspects of the home's sale. Whether it's verifying the buyer's income and debts or that the house doesn't have a major problem with its foundation, there are a number of items that are typically among the checklist of …

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Posted in Buying, Selling
May 2, 2018

Compromise Isn't Just For Home Buyers

With buyer demand high and the number of houses for sale low, today's market is favorable for homeowners who want to sell. But though they're likely to find interested buyers, homeowners shouldn't expect that everything will always go their way. In fact, a home's sale almost always involves a …

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Posted in Buying, Selling