Jamason Theodore, Realtor, Love Local Real Estate

Jamason Theodore, Realtor, Love Local Real Estate Helping home buyers and sellers to make the best decision possible.

It’s time to move fast in finding your new home. Aspiring buyers say that inflation is prompting them to accelerate plan...
03/05/2022

It’s time to move fast in finding your new home. Aspiring buyers say that inflation is prompting them to accelerate plans to make a purchase in real estate. Get moving with your house hunting!

Some consumers are delaying a home purchase due to rising consumer prices while others are accelerating their property search.

Buyers who are looking to buy a new home may be seeing an opening in the mortgage industry due to the changes, this coul...
03/03/2022

Buyers who are looking to buy a new home may be seeing an opening in the mortgage industry due to the changes, this could help them get approved more quickly!⬇️

Credit supply is increasing with growth across both conventional and government mortgage segments.

The housing market's supply of new homes for sale fell to the lowest level on record last month as buyers competed over ...
02/28/2022

The housing market's supply of new homes for sale fell to the lowest level on record last month as buyers competed over an already sparse range of choices, according to the latest report! Read on below!

Home inventory dropped to the lowest level on record last month as buyers competed over an already sparse range of choices.

According to the latest report, homeownership is more affordable than renting in most U.S. counties, even in 2022. Don't...
02/26/2022

According to the latest report, homeownership is more affordable than renting in most U.S. counties, even in 2022. Don't you think it's time for you to own your dream home...!!

Bryon Lazine and Nicole White discuss renting versus owning in 2022, FSBO homes hitting a 40-year low and 10 out-of-the-box marketing ideas to try this year.

Tired of rent going up, but also not ready to commit to a purchase? The Buy vs Rent Index found that homeownership remai...
02/23/2022

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.

Millennials continue to represent the largest segment of first-time homebuyers, according to a new report on the state o...
02/22/2022

Millennials continue to represent the largest segment of first-time homebuyers, according to a new report on the state of the U.S. housing market! Way to go Millennials!

First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model analysis, examining the housing market's performance against its potential.

While the overall median rent in the US increased by 1️⃣1️⃣%, some cities have seen much higher spikes in their median r...
02/19/2022

While the overall median rent in the US increased by 1️⃣1️⃣%, some cities have seen much higher spikes in their median rent price. Learn more about these changes and see how your city is doing!

Rents increased three times the rate of a normal year, in which rents might rise 3-4 percent overall, according to a new report from Dwellsy.

If you're looking for a second-home, now may be the best time in years! Second-home demand has risen 77% from pre-pandem...
02/17/2022

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?

Watching the housing market? You might also want to keep an eye on the rental market, as things are starting to heat up ...
02/17/2022

Watching the housing market? You might also want to keep an eye on the rental market, as things are starting to heat up even more! Rents across the states rose a whopping 14% year over year

Rents in December rose 14 percent year over year in the United States — their biggest increase in two years, according to data from Redfin.

While safety is the No. 1 factor, homeowners consider having good, friendly neighbors a top consideration when choosing ...
02/15/2022

While safety is the No. 1 factor, homeowners consider having good, friendly neighbors a top consideration when choosing a home. See where people are satisfied with those they live near!

Good neighbors make for happy homeowners. See where people are satisfied with those they live near.

At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 i...
02/14/2022

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.

Today's real estate market is changing: more and more buyers are purchasing properties without ever stepping inside. Is ...
02/11/2022

Today's real estate market is changing: more and more buyers are purchasing properties without ever stepping inside. Is online viewing the future to real estate purchases? The housing market is evolving!

Dwindling inventory and increased competition forced house hunters to make fast decisions last year, an NAR analysis finds.

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