Will the Housing Market Maintain Its Momentum?
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see ...
Posted by Missy Ashcraft on April 30, 2021 in Market Statistics
Patience Is the Key to Buying a Home This Year
The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. ...
Posted by Missy Ashcraft on April 29, 2021 in Buying a Home
4 Tips to Maximize the Sale of Your House
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s ...
Posted by Missy Ashcraft on April 28, 2021 in Selling Your Home
Some Buyers Prefer Smaller Homes
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior ...
Posted by Missy Ashcraft on April 21, 2021 in Buying a Home
Why This Is a Great Year to Sell Your Vacation Home
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a ...
Posted by Missy Ashcraft on April 20, 2021 in Selling Your Home
How Much Time Do You Need To Save for a Down Payment?
One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get ...
Posted by Missy Ashcraft on April 19, 2021 in Buying a Home
Latest Jobs Report: What Does It Mean for You & the Housing Market?
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now ...
Posted by Missy Ashcraft on April 12, 2021 in Misc
Don’t Sell on Your Own Just Because It’s a Sellers’ Market
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of ...
Posted by Missy Ashcraft on April 9, 2021 in Selling Your Home
Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year
If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund.
Using data from ...
Posted by Missy Ashcraft on April 8, 2021 in For Sale
Is Homeownership Still Considered Part of the American Dream?
Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes:
“The idea of a place of one’s own drives the American story. We became ...
Posted by Missy Ashcraft on April 7, 2021 in Buying a Home
How a Change in Mortgage Rate Impacts Your Homebuying Budget
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when ...
Posted by Missy Ashcraft on April 6, 2021 in Buying a Home
There’s No Reason To Panic Over Today’s Lending Standards
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the ...
Posted by Missy Ashcraft on April 5, 2021 in Misc