Bidding Wars Abound… How Long Will They Continue?

  Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase. In many areas of the country, the supply of homes for sale in the starter and trade-up home markets is so low that bidding wars have ensued, […]

Home Sales Surge

New Home Sales Surge to Highest Point Since 2007   From DSNews, by Author: Nicole Casperson   The Department of Housing and Urban Development (HUD), in conjunction with the U.S. Census Bureau released its report on New Residential Sales for November 2017 on Friday. The sales figures were seasonally adjusted and came to an estimated 733,000, an increase of 17.5 percent (plus […]

SELLING YOUR HOUSE? PREPARE FOR THE HOME INSPECTION

SELLING YOUR HOUSE? PREPARE FOR THE HOME INSPECTION By: Lisa Gordon You’ve got a contract on your home for sale—congratulations! But before you pop the cork on the champagne, you’ve got to go through an ordeal that could make or break that sweet deal: a home inspection.The home inspection is a contingency written into most […]

NAR Data Shows Now Is a Great Time to Sell!

  We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data covered in […]

Your Home Hasn’t Sold – Check the Price

If Your Home Hasn’t Sold Yet… Definitely Check the Price! The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. […]

5 Reasons to Sell this Summer

  5 Reasons You Should Sell This Summer Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, […]

#1 Reason to List Your House for Sale, NOW!

#1 Reason to List Your House for Sale, NOW! If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale  The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory: “Last month’s […]

3 Reasons the Housing Market is NOT in a Bubble

  3 Reasons the Housing Market is NOT in a Bubble   With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last […]

Homes Sold Yesterday – 15,014… Did Yours?

  15,014 Homes Sold Yesterday… Did Yours? There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all, 15,014 houses sold yesterday, 15,014 will sell […]