There are many reasons why people need to move. Some people might be moving to be closer to a school. Other people might be moving to live closer to family members. Some people might have gotten a job in another state. Purchasing a home in another state can be a challenge, but technology has made it easier. Even though a lot of people still prefer to see a potential home in person, it is possible to take a virtual tour of a house. As a result, some people purchase homes they have never seen in … [Read more...]
What’s Ahead For Mortgage Rates This Week – December 6, 2021
Last week’s economic reports included readings on home price trends, pending home sales, labor-sector readings on public and private-sector job growth. Weekly readings on mortgage rates and jobless claims were also released. S&P Case-Shiller: Home Price Growth Slows in September The pace of national home price growth slowed for the first time since May 2020 in September according to S&P Case-Shiller’s National Home Price Index. Year-over-year home price growth slowed by 0.30 … [Read more...]
How To Sell A Home Around The Holidays
It is true that the summer months are a hot time for the real estate market. Many families with children prefer to move during the summer because they do not have to pull their kids out of school. On the other hand, it is possible to sell a home during the holidays. There are fewer homes on the market, so this could drive up prices. What are a few tips homeowners should follow for selling their houses around the holidays? Remove The Clutter When the temperature cools off, people spend more time … [Read more...]
When Inventory Is Low, Sellers Win
The real estate market has gone through a number of changes during the past few months. When inventory is low, sellers win. They have the ability to pick a buyer, they can make more money, and they can sell a house faster. What are some of the biggest reasons why sellers win when inventory is low? The Asking Price Goes Up One of the biggest reasons why sellers win when inventory is low is that the asking price goes up. When there are more buyers than there are sellers, a seller may have … [Read more...]
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