Although the slowdown in housing market activity from the frenzy witnessed over a year ago, the low current supply of homes for sale continues to favor sellers, creating a sellers’ market. But what does this mean, and why is listing your house in such conditions beneficial? The critical factor behind the current sellers’ market is… [Read More]
Tips for Selling Your House This Spring
With spring in full bloom, homeowners are preparing to sell their homes. However, this year’s real estate market differs from the previous few years. To sell your home quickly, effortlessly, and for the most money, follow these four simple tips: 1. Ensure Buyers Have Access One of the most significant mistakes a seller can make… [Read More]
Best Time To List Your House Is Near
If you’re considering selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers… [Read More]
The Role of Access in Selling Your House
Once you’ve decided to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. So naturally, your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the pandemic, there was… [Read More]
Understanding Home Equity
Recent years have seen significant growth in home equity, even though the pace of home price appreciation has slowed. Homeowners have seen a boost in their net worth due to rising home prices, which is expected to continue. The Homeowner Equity Insights report from CoreLogic indicates that the average homeowner’s equity has grown by $34,300… [Read More]
Unclear on Housing Market? Get Help
If you’re considering buying or selling a home, it’s natural to want to stay informed about what’s happening with home prices, mortgage rates, housing supply, and more. However, with so many sensationalized headlines, knowing what information is reliable can take time and effort. According to Jay Thompson, a real estate industry consultant, many housing market… [Read More]
Top Reasons for Selling Your House
Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. However, since rates doubled in 2022, some homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming… [Read More]
Rent or Sell: Which Option is Best for You?
If you’re a homeowner ready to move, you may consider using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, an investment that has recently gained popularity. According to a Harris Poll survey, 28% of homeowners have temporarily considered using a rental… [Read More]
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, which impacted home prices. So if you’re considering selling your house soon, you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the… [Read More]
Practices for Selling Your House This Year
A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering moving, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. Keeping these three best practices in mind is a great way to ease some of those… [Read More]