Real Estate

Even with the latest data coming in, the experts agree there’s no chance of
a large-scale foreclosure crisis like the one we saw back in 2008. While
headlines may be calling attention to a slight uptick in foreclosure
filings recently, the bigger picture is that we’re still well below the
number we’d see in a more normal year for the housing market. As a report
from BlackKnight explains:

Are you thinking about buying a home soon? If so, you should know today’s
market is competitive in many areas because the number of homes for sale is
still low – and that’s leading to multiple-offer scenarios. And moving into
the peak homebuying season this spring, this is only expected to ramp up
more.

With the number of new listings going up and average days on market going
down, buyers may have more options, but will still want to move fast.

* For sellers, inventory is still low and houses are selling fast,
meaning your house should stand out and may get multiple offers if
you price it right.

* If you want to know more about what’s happening in our area, let’s
connect.

Thinking about selling your house and wondering if now’s a good time to do
it? Here’s what you need to know. Even though the number of homes for sale
has been growing this year, there still aren’t enough homes on the market
for all the buyers who want to buy.

Discover key mistakes to avoid when buying or selling a luxury estate to
make your real estate transaction as successful as possible.

Hey there, potential homebuyers! Let’s dive into some key real estate
metrics that can help you better understand the current market conditions.

If you’ve been thinking about buying a home, mortgage rates are probably
top of mind for you. They may even be why you’ve put your plans on hold for
now. When rates climbed near 8% last year, some buyers found the numbers
just didn’t make sense for their budget anymore. That may be the case for
you too.

When you put an offer on a home, you’d want to do everything you can to
make your bid more competitive. One way to do this is through earnest
money. But what is it, exactly? And how much do you need?

If you’re trying to buy a home and are having a hard time finding one you
can afford, it may be time to consider a fixer-upper. That’s a house that
needs a little elbow grease or some updates, but has good bones.
Fixer-uppers can be a really great option if you’re looking to break into
the housing market or want to stretch your budget further. According to
NerdWallet: