It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]
Watch out! Home Sellers May Be Secretly Recording You!
According to a recent survey by LendingTree, 3 in 10 home sellers say they’ve used hidden cameras during a home tour or property showing. Wait. What? Yes, you read that right. You might be being recorded when you are viewing properties to buy. According to businessinsider.com, the survey polled just over 2,000 US consumers, of […]
FIRE! 🔥 – Your Guide to Wildfire Preparedness in California
Wildfires It seems that the entire western half of the U.S. is on fire. As of this writing, there are 9 active wildfires in California alone. It has been suggested that the fire season is almost year-round now. In addition to the 9 wildfires in California, there are 71 more wildfires burning across 12 other […]
How to Bridge the Appraisal Gap in Today’s Real Estate Market
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding […]
The Great (New) Real Estate Migration
Wagons Ho! People move. That’s nothing new. Young families leave expensive urban rental markets and move to more affordable suburbs where they are able to purchase a house. Retirees move from California to states where the tax rates are lower, the cost of living is lower, and where they can comfortably enjoy their senior years […]
How Rising Home Values Affect Your Net Worth
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected […]
Finding a New Home for Your Next Stage of Life
Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. 🙄 Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, […]