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?”
Every so often there’s a home on the market that’s for sale by its owner. Usually, it’s because the seller wants to try their luck without an agent. These types of listings can still offer great deals, but they also come with some nuances. Here’s what you should know about a home that’s for sale by owner. Read More “What to Know About a For Sale by Owner Home”
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!
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.
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.