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Home Price Appreciation Is as Simple as Supply and Demand

by hjadmin | Jun 9, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong...

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

by hjadmin | Jun 8, 2021 | Buying Myths, For Buyers, Pricing

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing...

Why You May Want To Cash in on Your Second Home

by hjadmin | Jun 7, 2021 | For Sellers, Luxury Market, Pricing, Selling Myths

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities...

Dreaming of a Bigger Home? Why Not Buy It This Year?

by hjadmin | Jun 3, 2021 | For Buyers, For Sellers, Interest Rates, Luxury Market, Move-Up Buyers, Pricing

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With...

6 Reasons to Celebrate National Homeownership Month

by hjadmin | Jun 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a...

How Misunderstandings about Affordability Could Cost You

by hjadmin | May 27, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some...
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