by hjadmin | Jul 9, 2021 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your...
by hjadmin | Jul 8, 2021 | For Sellers, Pricing, Selling Myths
There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes...
by hjadmin | Jul 7, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k...
by hjadmin | Jul 6, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners...
by hjadmin | Jul 5, 2021 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market...
