Nicest Suburban Homes

07/27/2022

Want To Buy a Home? Now May Be the Time.

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic.

Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you:

“This is an opportunity for people with a secure job to jump into the market, when other people are a little hesitant because of a possible recession. . . They’ll have fewer buyers to compete with.”

>>Two Reasons There Are More Homes for Sale

The first reason the market is seeing more homes available for sale is the number of sales happening each month has decreased. This slowdown...

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the h...

07/25/2022

Wondering if home prices are going to fall? Even though the market is undergoing a shift and inventory is increasing, experts say home prices won't fall. Instead, they're forecasting prices will climb, just at a slower pace. DM me if you have questions about what's happening with home prices in our area.

07/24/2022

Great News About Housing Inventory [INFOGRAPHIC]

Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. DM me so you have the latest information on available homes in our area.

Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of you...

07/23/2022

Expert Insights on Where the Housing Market Is Heading

Want to know what the future holds for rates, prices, and inventory? Let's connect so you have a trusted advisor to answer your housing market questions.

07/20/2022

Data from realtor.com shows the number of homes being listed for sale, or new listings, is rising. In fact, there are more homes coming to market today than there were at the same time last year. That’s great news if you’re craving additional options for your home search. DM me and let’s work together to find your next home.

07/17/2022

When it comes to mortgage rates, perspective is important. Rates have certainly risen since the start of the year, but they’re still low when you look at where they’ve been in the past. If you’re planning to buy a home this year, DM me to discuss why it’s still worth prioritizing your homeownership goals.

07/16/2022

Today’s housing market is shifting, but we’re still in a sellers’ market. We're going from a market that's unlike any we've ever seen to one more like pre-pandemic. And the years leading up to the pandemic were some of the best years real estate has seen. DM me so we can discuss our local market and why it's still a good time to sell.

07/13/2022

Wondering if you should buy a home today? Experts say home prices will continue to appreciate in the coming years. If you buy now, you’ll beat those future increases. And once you do own the home, any price appreciation that occurs will grow your home’s value and your net worth. DM me today if you’re ready to invest in homeownership.

07/11/2022

The Drop in Mortgage Rates Brings Good News for Homebuyers

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news.

Freddie Mac reports that the average 30-year rate was down to 5.30% from 5.81% two weeks prior. But why is this recent dip such good news for homebuyers? As Nadia Evangelou at NAR explains, “According to Freddie Mac, the 30-year fixed mortgage rate dropped sharply by 40 basis points to 5.3 percent. . . . As a result, home buying is about 5 percent more affordable than a week ago. This translates to about $100 less every month on a mortgage payment.”

That’s because when rates go up (as they have for the majority of this year), they impact how...

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news.

07/10/2022

Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]

According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find out how much equity you have in your home and how you can use it, let’s connect today.

Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find....

07/09/2022

The housing market is not in a correction. Forbes defines a correction as a 10-20% decline in value. Home prices are still appreciating, and experts project that will continue, just at a more moderate pace. In other words, home prices won’t fall, so there isn’t a correction. Have questions about the housing market? DM me today.

07/06/2022

Homeownership Is Still the American Dream

Americans rank homeownership as the top sign of financial success. Let's connect if you're dreaming of buying a home this year.