Sharry Nelson

02/12/2022

Tired of rent going up, but also not ready to commit to a purchase? The Buy vs Rent Index found that homeownership remains cheaper than renting in the majority of US counties.

A new analysis found that owning a median priced home was more affordable than the average rent on a three-bedroom property in the majority of U.S. counties.

02/09/2022

The U.S. housing market is likely to “normalize” in 2022, ending years of rapid home value appreciation and easing back on a shortage of homes available for sale. It’s a good time to buy a home!

While strong homebuyer demand and inventory shortages will continue into 2022, the housing market is unlikely to repeat this year’s dizzying heights, in which existing-home sales reached their highest point in 15 years with an estimated 6 million sales.

02/07/2022

An estimated average of $56,700 in equity was gained by homeowners nationwide during the past year. This is great news considering the rising costs of living. It's no surprise that homeownership is key to building wealth over time.

CoreLogic began reporting homeowner equity data in the first quarter of 2010; at that time, the equity picture for homeowners was rather bleak in the United States. Since then, many homes have regained equity and the outstanding balance on the majority of mortgages in this country are now equal to o...

02/05/2022

If you're looking for a second-home, now may be the best time in years! Second-home demand has risen 77% from pre-pandemic levels and new homes are selling in less than a month according to this article :)

Nontraditional vacation spots far from coastlines or mountains are leading destinations for second-home buyers. Will the trend continue?

02/02/2022

Do you want to learn about the current state of the housing market? Find out the latest economic data that shows housing inventory conditions! ⬇️

First American Chief Economist Mark Fleming shares his proprietary Real House Price Index, examining the overall decline in affordability and what it means for home buyers in 2022.

01/31/2022

Will the housing market cool slightly in 2022? Home sellers will see tremendous profit as housing prices and demand continue to rise. Catch the wave now before it crests!

The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts.

01/29/2022

At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in 2021 Q3. These numbers are GAINS!

At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in 2021 Q3.

01/26/2022

There's some good news for retailers: The pace of recovery in U.S. commercial real estate prices is accelerating, a development that may offer more support for economic growth this year.

“Power shopping centers” and neighborhood stores are seeing strong demand, according to NAR data.

01/24/2022

The S&P/Case-Shiller home price index is showing moderating house price appreciation, which is great news for homeowners. Find out more info here ⬇️

October Case Shiller Home Prices: The national index was up 19.1% in the year ending in October, while the 10-City Composite rose 17.1% and the 20-City Composite was up 18.4%. On the bright side for potential buyers, the pace of price growth slowed from September, even as home price growth remains a...

01/21/2022

Home buyers will have a wealth of options in the new year. This new report reveals the hottest real estate markets to watch in 2022 and beyond!

01/21/2022

Buying a home is an exciting time, but there are many factors to consider when the time is right. Whether you are a first-time home buyer or not, knowing where to find the best opportunities in 2022 can help make that decision easier for you.

First American Economist Ksenia Potapov examines where potential first-time home buyers can find the largest share of affordable homes.

01/20/2022

This article covers the latest economic trends and will help you make smarter, data-driven decisions when it comes to selling or buying a home in 2022 — you won't be disappointed!

At first glance, the outlook for the 2022 housing market is a familiar one – strong millennial demand for homes constrained by an ongoing, historic housing supply shortage. This supply-demand imbalance generated the record house price appreciation seen in 2021 and, given this dynamic shows few sig...