July 29, 2019

what experts are saying about current housing inventory

July 29, 2019/ Heather Parrish

The current housing landscape presents greater home values, low-interest rates, and high buyer demand. All of these factors point to a strong market that is forecasted to continue throughout the rest of the year. There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing inventory. Buyer demand naturally increases during the summer months, but the current supply is not keeping up.

July 26, 2019

mid-year update: 3 things to know about the housing market

July 26, 2019/ Heather Parrish

Shifting mid-year trends in the housing market are pointing towards some valuable projections for the rest of the year. If you’re thinking of buying or selling, here are three things to put on your radar:

July 19, 2019

the skinny on real estate investors

July 19, 2019/ Heather Parrish

Investors account for over 10% of all home purchases. That number is only continuing to rise. Who are these investors?

April 30, 2019

how long does it take to save for a down payment?

April 30, 2019/ Heather Parrish

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state.

March 15, 2019

what’s going on with bidding wars in 2019

March 15, 2019/ Heather Parrish

Bidding wars are common and expected in a strong seller’s market. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home.

March 07, 2019

4 ways to have a unique open house

March 07, 2019/ Heather Parrish

According to the National Association of Realtors, total inventory has been growing for six months straight, as has the number of buyers looking to find their dream home. In a market where inventory is increasing, you want to stand out as unique!

March 06, 2019

the housing market will “spring forward” this year!

March 06, 2019/ Heather Parrish

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

February 28, 2019

how are interest rates compared to last year? low!

February 28, 2019/ Heather Parrish

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. February 2018 was the last time we saw these rates.

January 25, 2019

what to know in a shifting real estate market

January 25, 2019/ Heather Parrish

Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on a shifting housing market?

January 10, 2019

is the recent dip in interest rates here to stay?

January 10, 2019/ Heather Parrish

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey.

January 01, 2019

why you should not for sale by owner (FSBO)

January 01, 2019/ Heather Parrish

In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers.

December 06, 2018

4 reasons to buy a home this winter!

December 06, 2018/ Heather Parrish

Here are four great reasons to consider buying a home winter of 2018 instead of waiting.

November 27, 2018

the #1 reason to not wait until spring to sell your house

November 27, 2018/ Heather Parrish

Many homeowners choose to wait until spring to place their homes on the market. While buyer demand tends to increase that time of year, there is something to consider. If everyone believes that this is the best time to sell, then that is when sellers will have the most competition.

November 19, 2018

5 tips when buying a newly constructed home

November 19, 2018/ Heather Parrish

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place.

November 19, 2018

7 reasons to list your house this holiday season

November 19, 2018/ Heather Parrish

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

November 02, 2018

how will home sales measure up in 2019?

November 02, 2018/ Heather Parrish

There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help shed some light on next year’s projections:

October 26, 2018

where are home values headed over the next few years?

October 26, 2018/ Heather Parrish

There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions:

October 05, 2018

are we about to enter a buyer’s market?

October 05, 2018/ Heather Parrish

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyer’s market after sellers have had the upper hand for the past several years. Is this really happening?

September 24, 2018

is the real estate market finally getting back to normal?

September 24, 2018/ Heather Parrish

The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey:

September 18, 2018

thinking of selling your home? the time to act is NOW!

September 18, 2018/ Heather Parrish

If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the best time to sell something is when the supply of that item is low and demand for that item is high. That defines today’s real estate market.

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