Brett Hardi Realty Group

07/13/2023

Expert Insights for the Rest of the Year in Housing

Here’s what experts have to say about what lies ahead for inventory, mortgage rates, and home prices. Let's connect so you know what to expect in the housing market for the rest of the year.

07/12/2023

If you’re planning to buy a home, saving for a down payment is probably top of mind. But do you know how much you need to save? Contrary to popular belief, you don't need to put down 20% unless it’s specified by your loan type or lender. The average down payment is much lower than you’d think. DM me today so we can start the homebuying process.

07/11/2023

Momentum Is Building for New Home Construction

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built home is a great option.

According to the latest report from the Census, builders are matching the long-term average for completions right now. And residential starts and permits are also gaining momentum. Since both are up, it’s a sign there are even more newly built homes coming soon.

More newly built homes in various stages of the construction process means your pool of options just got bigger. If you’re looking to move right now and timing is important to you, reach out to a local real estate professional to explore the homes that were recently completed in your area....

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options.

07/10/2023

Even now, there are still too few homes for sale to meet today’s buyer demand. As a result, home prices are appreciating nationwide because buyers are competing over the limited number of homes available. If you’re considering selling your house, let’s connect to discuss what home prices are doing in our local area.

07/07/2023

If you're thinking about selling your home, it's likely because something significant changed in your life. While factors like mortgage rates play a crucial role in your future home purchase, it's important not to lose sight of the underlying reason driving your desire for a change. Let’s connect so you have an expert on your side who will help you sell your house.

07/06/2023

Today’s Housing Inventory Is a Sweet Spot for Sellers

One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal levels.

According to a recent report from Realtor.com, “On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels.”

If you’re thinking about selling your house, that low inventory is why this is a great time to do so. Buyers have fewer choices now than they did in more normal years, and that’s continuing to impact some key statistics in the housing market. For example, sellers will be happy to see the following data from the latest Confidence Index from NAR:

>>The percent of homes that sold...

One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.

07/05/2023

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision:

>>Where Do I Think Home Prices Are Heading?

One reliable place you can turn to for that information is the Home Price Expectation Survey from Pulsenomics – a survey of a national panel of over one hundred economists, real estate experts, and investment and market strategists.

According to the latest release, the experts surveyed are projecting slight depreciation this year. But here’s the context you need most. The worst home price declines are already behind us, and prices are actually ap...

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

07/04/2023

Less Equity Doesn’t Mean Low Equity

Less equity doesn’t mean low equity – don’t let the negative headlines hold you back. Let’s connect if you’re looking to make a move.

07/03/2023

Do you know how much equity you have in your current home? Chances are it’s a lot more than you realize, even today. If you are a homeowner thinking of making a move, DM me to find out how you can use your equity towards the purchase of your next home.

06/30/2023

Your credit score is important when it comes to qualifying for a home loan. While it doesn’t have to be perfect, typically speaking, the higher the score, the lower the mortgage rate and the better the terms you’ll qualify for. A lender can walk you through the specifics. But, if you’re getting ready to buy a home, reach out to me for more tips on the homebuying process.