Real Estate Market Insights

Many housing insiders warn buyers against trying to time the market as the economy wades through this period of uncertainty. “Deciding to buy now or wait is going to depend on the individual buyer’s motivation and situation. Waiting may not be a viable option,” this comes from a successful agent  a real estate agent in […]

A market correction comes about when interest rates intersect with buyers ability to purchase driving down their purchase power. As a result of that phenomenon, home values make a correction.  The projected correction is 10% which means a property currently on the market for $500,000 would sell for $450,000.    We are seeing corrections in

At the moment, we are in the middle of a ‘hat trick’ with economic factors. If you are familiar with hockey, you know that hat trick means there are three things going on. Those three things going on in the current economy are: inflation is rising interest is rising  savings are falling The factual reality

The number one question to ask yourself is why you are an investor in the real estate market. Are you or have you invested to have monthly income from your rental property? Or, have you purchased to fix and flip? It’s important to note that fixing and flipping is not investing. It is purchasing wisely

What does the increase in interest rates do to real estate values? Welcome to the June wrap and a closer look at the market as we move full speed into summer. So let’s look at what is true … – Interest rates are up. – Home values are beginning to flatten. – Inventory is continuing

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you

There are more choices and more options than there were even 30 days ago.  Reach out to collaborate on what’s new and the  impact for your situation. As we, undoubtedly, have crossed into a new frontier of market, and some will be frustrated with the change, I am reminded of something a guy said awhile

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits

If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could