Skip To Content

Category: Market Insights

    Sellers Have Incredible Leverage in Today’s Market

    By Spencer Eiseman | November 24, 2021

    With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further... Read More

    Knowledge Is Power When It Comes to Appraisals and Inspections

    By Spencer Eiseman | November 21, 2021

    Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is... Read More

    Your Home Equity Is Growing [INFOGRAPHIC]

    By Spencer Eiseman | November 20, 2021

    Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? Let’s connect to talk about how you... Read More

    What Does the Future Hold for Home Prices?

    By Spencer Eiseman | November 18, 2021

    If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer that... Read More

    Don’t Wait for a Lower Mortgage Rate – It Could Cost You

    By Spencer Eiseman | November 17, 2021

    Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out,... Read More

    What Do Supply and Demand Tell Us About Today’s Housing Market?

    By Spencer Eiseman | November 16, 2021

    There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices... Read More

    Housing Challenge or Housing Opportunity? It Depends.

    By Spencer Eiseman | November 15, 2021

    The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see... Read More

    The Main Key To Understanding the Rise in Mortgage Rates

    By Spencer Eiseman | November 14, 2021

    Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains:... Read More

    4 Tips To Prep for Your Home Sale This Fall

    By Spencer Eiseman | November 13, 2021

    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 make sure you maximize the sale... Read More

    As Home Equity Rises, So Does Your Wealth

    By Spencer Eiseman | November 11, 2021

    Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in... Read More