Are Home Prices Headed Toward Bubble Territory?

Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are the latest 2020 appreciation numbers from three reliable sources:

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Posted on December 15, 2020 at 7:00 am
Jennifer Angel | Posted in Buyers, COVID-19, Housing Market Updates |

An Honest Look at Unemployment Numbers

Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist, Daniel Zhao:

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Posted on December 14, 2020 at 10:58 am
Jennifer Angel | Posted in COVID-19, Housing Market Updates |

Thinking of Buying or Selling a Home This Winter?

Experts forecast a hot real estate market this winter. Let’s connect to make sure you have the most current information with the new digital buyer and seller guides.

Posted on December 14, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, First-time Homebuyers, Housing Market Updates, Move-up Buyers, Seller Tips, Video |

The Winter Housing Market Forecast Won’t Be Chilly

According to experts, the housing market is not forecasted to cool off this winter. Let’s connect to make sure you’re ready to enter the real estate market during the hottest time to buy or sell a home.

Posted on December 10, 2020 at 10:00 am
Jennifer Angel | Posted in Buyer Tips, Housing Market Updates, Seller Tips, Video |

How Remote Work Can Power Your Vacation Home Sale

This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes:

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Posted on December 8, 2020 at 9:01 am
Jennifer Angel | Posted in Housing Market Updates, Seller Tips |

With Home Values Surging, Is it Still Affordable to Buy Right Now?

Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: Continue reading


Posted on December 4, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates, Seller Tips |

5 Tips for Homebuyers Who Want to Make a Competitive Offer

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the homebuying process.

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Posted on December 3, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, Housing Market Updates |

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.

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Posted on December 3, 2020 at 7:00 am
Jennifer Angel | Posted in Buyers, Housing Market Updates |

Your House May Be High on the Buyer Wish List This Holiday Season

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.

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Posted on December 1, 2020 at 8:53 am
Jennifer Angel | Posted in Buyers, Housing Market Updates, Seller Tips |

Is Buying a Home Today a Good Financial Move?

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases.

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Posted on November 30, 2020 at 7:00 am
Jennifer Angel | Posted in Buyer Tips, Buyers, First-time Homebuyers, Housing Market Updates |