Is a real estate bubble to blame for sudden drops in the stock market? Does stock market volatility indicate that a housing crash and recession are imminent? Probably not. Although there are some correlations between stock market activity and the health of the housing market, there isn’t a direct, consistent cause and effect relationship between the two. There are always other factors at work that help to complete the big picture. Here’s some insight into how rates, the housing market and the stock market are intertwined, but still need to be considered separately.Read More “What Does Stock Market Volatility Mean for the Housing Market?”
If you’re selling your home, you’ll want it to look its best in order to get offers. But you’ll also want your property to retain its value so that when your appraisal comes in, it will reflect how much time and effort you’ve invested into your home over the years. Here are some quick maintenance items you can complete to help spruce up your home to attract potential buyers.Read More “Prepare Your Home For Maximum Sale Value”
The Zillow Group Consumer Housing Trends Report uncovers some interesting insight into preferences and feelings about homeownership in America, as well as challenges facing those in the housing market. Whether you are planning to buy or sell a home, or assist a client in doing so, this research could help you gain the edge you need to achieve your goals. Here’s a brief snapshot of the findings!Read More “Market Insight to Help Buy or Sell a Home”
Now that we are well into the second half of 2017, it’s time to reflect on trends that continue to take shape in the housing market. While the economy is showing signs of improvement, competition is fierce and supply remains tight.Read More “Housing Trends Show Increased Preference for Larger Homes”
For the first time in history, mortgage rates are at near historic lows as the U.S. job market is operating at full capacity. Since the decision to buy a home typically involves a steady job and the ability to afford monthly mortgage payments, demand to buy a home is currently at an all-time high.
It’s hard to believe it’s been nearly 10 years since the housing market took a turn for the worse. At the time it seemed chaotic, but it’s now clear what happened. The market was correcting and as a result, we saw a sharp downturn in home prices between 2007 and 2011. Things improved slowly over the next few years until recently, when prices starting rising much more rapidly. That has caused many buyers and sellers to assume that we must be heading toward another housing bubble.