Housing Market Updates Archives - Page 16 of 45

Multigenerational Housing Is Gaining Momentum

April 9, 2021 - General Information

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that [...] Read More

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Monica Foster April 9, 2021

Latest Jobs Report: What Does It Mean for You & the Housing Market?

April 7, 2021 - General Information

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 at 6%. What [...] Read More

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Monica Foster April 7, 2021

Buyer Competition Is Good News for Sellers

April 2, 2021 - General Information

Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National [...] Read More

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Monica Foster April 2, 2021

There’s No Reason To Panic Over Today’s Lending Standards

April 1, 2021 - General Information

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 [...] Read More

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Monica Foster April 1, 2021

What It Means To Be in a Sellers’ Market

March 29, 2021 - General Information

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time [...] Read More

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Monica Foster March 29, 2021

2021 Real Estate Myth Buster

March 26, 2021 - General Information

Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths [...] Read More

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Monica Foster March 26, 2021

Buyer & Seller Perks in Today’s Housing Market

March 25, 2021 - General Information

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that [...] Read More

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Monica Foster March 25, 2021

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

March 24, 2021 - General Information

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of [...] Read More

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Monica Foster March 24, 2021

Should We Fear the Surge in Cash-Out Refinances?

March 23, 2021 - General Information

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: [...] Read More

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Monica Foster March 23, 2021

Americans See Major Home Equity Gains

March 19, 2021 - General Information

Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a [...] Read More

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Monica Foster March 19, 2021

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