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Monthly Archives: August 2021

    Looking for a Place To Call Home? Consider a Condominium.

    By Spencer Eiseman | August 31, 2021

    It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are... Read More

    Are Houses Less Affordable Than They Were in Past Decades?

    By Spencer Eiseman | August 30, 2021

    There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens... Read More

    Looking for a Place To Call Home? Consider a Condominium.

    By Spencer Eiseman | August 27, 2021

    It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are... Read More

    The Community and Economic Impacts of a Home Sale

    By Spencer Eiseman | August 25, 2021

    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. What you may not realize is 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... Read More

    Ready To Sell, but Don’t Know Where You’ll Go? [INFOGRAPHIC]

    By Spencer Eiseman | August 24, 2021

    Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs. Whether you’re looking for newly built or existing homes, both... Read More

    Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

    By Admin | August 23, 2021

    In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting their preferences back to existing homes. The latest Consumer Confidence Survey reveals... Read More

    Sellers: Make Today’s Home Price Appreciation Work for You

    By Spencer Eiseman | August 20, 2021

    Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading industry experts... Read More

    With Rents on the Rise – Is Now the Time To Buy?

    By Spencer Eiseman | August 18, 2021

    According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month. In May and... Read More

    Key Questions To Ask Yourself Before Buying a Home

    By Spencer Eiseman | August 16, 2021

    Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy a... Read More

    Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

    By Admin | August 13, 2021

    Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through 2019…The share of VA-guaranteed loans has also decreased... Read More