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What Buyers and Sellers Need To Know About the Appraisal Gap

by hjadmin | Aug 31, 2021 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent...

Why 2021 Is Still the Year To Sell Your House

by hjadmin | Aug 25, 2021 | For Sellers, Housing Market Updates

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was...

More Young People Are Buying Homes

by hjadmin | Aug 19, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains...

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

by hjadmin | Aug 18, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales...

What Does Being in a Sellers’ Market Mean?

by hjadmin | Aug 17, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with...

A Look at Home Price Appreciation and What It Means for Sellers

by hjadmin | Aug 16, 2021 | For Sellers, Housing Market Updates, Pricing

When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past...
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