Housing Market Updates

What Do Supply and Demand Tell Us About Today’s Housing Market?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing / By

What Do Supply and Demand Tell Us About Today’s Housing Market? | Simplifying The MarketThere’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is […]

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The Main Key To Understanding the Rise in Mortgage Rates

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers / By

The Main Key To Understanding the Rise in Mortgage Rates | Simplifying The MarketEvery Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam […]

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As Home Equity Rises, So Does Your Wealth

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing / By

As Home Equity Rises, So Does Your Wealth | Simplifying The MarketHomeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. […]

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Early October is the Sweet Spot for Buyers

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

Early October is the Sweet Spot for Buyers | Simplifying The MarketAre you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage […]

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If You’re a Buyer, Is Offering Asking Price Enough?

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

If You’re a Buyer, Is Offering Asking Price Enough? | Simplifying The MarketIn today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate […]

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Two Reasons Why Waiting a Year To Buy Could Cost You

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / By

Two Reasons Why Waiting a Year To Buy Could Cost You | Simplifying The MarketIf you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself […]

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Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Rent vs. Buy / By

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Whether you’re buying or selling – today’s housing market has plenty of good news to go around.
  • Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale.
  • If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market.

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Is the Number of Homes for Sale Finally Growing?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

Is the Number of Homes for Sale Finally Growing? | Simplifying The MarketAn important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the […]

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