Homebuyer Traffic 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 he will be right.

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Posted on September 16, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates, Seller Tips |

Homebuyer Demand Is Far Above Last Year’s Pace

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.

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Posted on September 9, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates |

How Will the Presidential Election Impact Real Estate?

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects there may be more homes purchased this year than last year.

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Posted on September 8, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, COVID-19, Housing Market Updates, Seller Tips |

It’s Not Just About the Price of the Home

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates are actually making homes more affordable now than at any time since 2016, and here’s why.

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Posted on September 7, 2020 at 10:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates |

Three Ways to Win in a Bidding War

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season.

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Posted on September 3, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, First-time Homebuyers, Housing Market Updates |

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, what you’re comfortable within a monthly mortgage payment, and ultimately how much money you can borrow for your loan. Pre-approval from a lender is the only way to do this.

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Posted on September 2, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates |

Should You Buy an Existing Home or New Construction?

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons of what it means to buy a new home versus an existing one. Here are a few things to consider when making the best decision for your family.

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Posted on September 1, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates, Seller Tips |

The Top Reasons People Are Moving This Year

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home.

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Posted on August 28, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates, Seller Tips |

Just How Strong Is the Housing Recovery?

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real estate market.

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Posted on August 26, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Housing Market Updates, Seller Tips |

Homes Are More Affordable Right Now Than They Have Been in Years

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why.

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Posted on August 18, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Housing Market Updates, Seller Tips |