Lorie Smith-Premier Realty Group

05/02/2025

Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.

Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.

If you want to find out how much equity you have, let's connect. Because it may make a move a lot more feasible than you'd think.

Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.

05/02/2025

A Tale of Two Housing Markets

If you're ready to make a move, or even just thinking about it, let’s connect. That way, you’ll have someone to help you understand our local market and create a game plan that works for you.

What’s one thing you’re curious about when it comes to the market in our area?

For a long time, the housing market was all sunshine for sellers.

05/01/2025

The answer to the recession question is still unknown, but the odds have gone up. However, that doesn’t mean you have to worry about what it means for the housing market – or the value of your home. Historical data tells us what usually happens.

If you’re wondering how the current economy is impacting our local market, let’s connect.

Talk about the economy is all over the news, and the odds of a recession are rising this year.

05/01/2025

Savvy sellers are jumping off the fence and back into the market. And here’s why.

More options. Less chaos. Strong demand.

Inventory has been rising for 17 straight months – and experts say that’s going to continue.

That means you’ve finally got more options for your move. But if you wait too long to take advantage of that, your house will have to compete with other listings as inventory grows even more.

Basically, this is the sweet spot. You have more choices right now. But you’re still selling while inventory is low. And that’s ideal for your bottom line.

Want to talk about your best strategy? Let’s figure out if this sweet spot is your moment to move.

04/30/2025

If you're ready to make a move, or even just thinking about it, let’s connect. That way, you’ll have someone to help you understand our local market and create a game plan that works for you.

What’s one thing you’re curious about when it comes to the market in our area?

For a long time, the housing market was all sunshine for sellers.

04/30/2025

Are you worried that today’s higher costs are going to lead to a big wave of foreclosures because homeowners will struggle to make their mortgage payments? Here’s what you need to know.

While it’s true foreclosure filings may be up slightly, data shows they’re nowhere near 2008 levels.

And here’s some more context you may not have heard. Unlike last time, most homeowners now have a lot of equity. That creates a financial cushion that helps give them options to avoid foreclosure.

If you have other questions about what you’re seeing or hearing about the housing market, DM me or drop them below.

04/29/2025

Even with the recent increase, foreclosure numbers are not at the levels seen during the 2008 crash. Plus, most homeowners today are in a much stronger equity position, even with rising costs.

If you are a homeowner who’s facing hardship, talk to your mortgage provider to explore your options.

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market.

04/29/2025

More homes. More chances to find your perfect match.

If you hit pause on your home search because you couldn't find the right home at the right price, it’s time to hit play again.

More listings are popping up, and inventory is finally growing. That gives you fresh options that may check all your boxes.

If you want to find out what’s available in our area, DM me. In the meantime, let me know: what would your dream home have to include to make you jump back in?

04/28/2025

If you’ve been waiting for the housing market to give you a sign – it just did. Whether you’re looking to move up, scale down, or relocate completely, this might be the best balance we’ve seen in a while.

What’s holding you back from taking advantage of this sweet spot? Let’s talk through it and see what’s possible.

It’s not really a surprise that 70% of buyers paused their home search last year.

04/28/2025

You Finally Have More Options for Your Move

If you put your home search on hold because you couldn’t find anything you liked in your budget, it’s time to try again. ​There’s a much wider selection of homes for sale, with more fresh listings hitting the market each month. With more options come more possibilities. Let’s connect if you want to see what’s available in our area.​

• If you put your home search on hold because you couldn’t find anything you liked in your budget, it’s time to try again.

04/27/2025

You Finally Have More Options for Your Move

If you put your home search on hold because you couldn’t find anything you liked in your budget, it’s time to try again. Compared to the last few years, you’ll have more options to choose from during your home search. Let’s connect if you want to see what’s available in our area.