Category Archives: Real Estate

Many people are wondering: will home prices fall this year?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.

While you may have seen recent stories about the volume of foreclosures today, context is important.

Some Highlights

• If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.
• In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.
• If you’re thinking about selling your house, connect with a real estate professional so you have expert advice that’s customized to your home and local area.

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

Some Highlights

• Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
• Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell.
• Don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.