4 Expert Views on the 2021 Housing Market
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I think rates will […]
3 Trends Driving Hyperactivity in the Real Estate Market
December 11, 2020 Melissa Dittmann Tracey Ali Wolf Lawrence Yun Despite the economic uncertainties continuing to surround the pandemic, one fact has become crystal clear: Americans are ready to buy a new home. Low inventory, bidding wars, and record-low mortgage rates are giving consumers a new sense of FOMO—fear of missing out—and spawning a […]
SO, WHAT’S THE “CONCEPT” WITH CONCEPT Z?
The End is Where We Begin…. Call it slogan. A catch phrase. Tag line. For us, it’s a way of life. How we do business. A mindset we approach every day with. Our Polaris that guides our moral compass. A habit? Definitely! In Stephen Covey’s book, The 7 Habits of Highly Effective People, Habit 2 […]
Knowledge Is Power on the Path to Homeownership
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers […]
Tips to Sell Your House Safely Right Now
SELL YOUR HOME FASTER WITH A FEW IMPROVEMENTS!
Having a home on the market means your house always needs to be kept in show condition. That is not an easy feat. Keeping your property spotless is hard enough but going the extra mile to make it stand out— that takes some creative planning. Check out these seven unique projects you can do on your own […]
Mortgage Rates Hit Record Lows. Could They Fall Even Further?
One of the few bright spots for home buyers and owners in 2020—a year marred by a pandemic, economic recession, social unrest, wildfires, hurricanes, and a highly polarized presidential election—has been rock-bottom mortgage interest rates. Mortgage rates have been tumbling since COVID-19 disrupted the nation’s economy, achieving what many experts had believed was impossible: They […]
TRAFFIC FROM HOMEBUYERS IS ON THE RISE
One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that […]
Should I buy, or should I rent…….
The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. If you’d like expert guidance on exploring your homebuying options while affordability is high, […]
Perks for Both Buyers and Sellers in Today’s Housing Market
Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: Low Mortgage Rates The […]