Ellen Ricciardi Real Estate

Ellen Ricciardi Real Estate I take time to listen to your real estate goals and design a plan to meet your specific needs while

Here's why buying a home makes sense now more than ever before. Let's connect and get you out of renting and into homeow...
09/03/2021

Here's why buying a home makes sense now more than ever before.

Let's connect and get you out of renting and into homeownership!

Nationally, monthly rents are finally growing faster than their pre-COVID rates.

Home prices were up 15.4% in May compared with May 2020, according to CoreLogic. Prices, however, are projected by CoreL...
09/02/2021

Home prices were up 15.4% in May compared with May 2020, according to CoreLogic. Prices, however, are projected by CoreLogic economists to increase 3.4% by May 2022, as affordability challenges hit some buyers and cause a slowdown in price growth. Full read below!

Strong demand and record-low supply in the housing market are starting to ease, which should alleviate the incredibly high competition in the market.

Thanks to rising household income and a dip in mortgage rates, First American shares the impact of increased house-buyin...
09/01/2021

Thanks to rising household income and a dip in mortgage rates, First American shares the impact of increased house-buying power and potential home sales. See more of the demographic data by clicking the link ⏬⏬⏬

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

As the real estate market remains generally hot this summer, so does remodeling older homes... thanks to Millennials :) ...
08/31/2021

As the real estate market remains generally hot this summer, so does remodeling older homes... thanks to Millennials :)

Young homeowners ages 25 to 44 are most likely to renovate, infusing older homes with new design trends.

Two-thirds of more than 2,500 U.S. homeowners surveyed said they plan to tackle home improvements this year, the index s...
08/30/2021

Two-thirds of more than 2,500 U.S. homeowners surveyed said they plan to tackle home improvements this year, the index shows!

The drive to remodel and spruce up a home continues as homeowners plan to spend more and tackle even more projects this year.

The apartment market is booming. Based on NARS's analysis of CoStar market data in 138 markets, net absorption rose by 2...
08/27/2021

The apartment market is booming. Based on NARS's analysis of CoStar market data in 138 markets, net absorption rose by 207,035 units in 2021 Q2 from the prior quarter. Read the full details below!

The apartment market is booming. Based on NAR's analysis of CoStar market data in 138 markets1, net absorption (change in number of occupied units) rose by 207,035 units in 2021 Q2 from the prior quarter.

Selling to buy? It should get easier in the coming weeks. List your house today for multiple offers, cash offers, and ov...
08/26/2021

Selling to buy? It should get easier in the coming weeks. List your house today for multiple offers, cash offers, and over ask!

Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report.

More home buyers are using reverse mortgages to purchase their next home. A new study finds that a quarter of 170 new ho...
08/25/2021

More home buyers are using reverse mortgages to purchase their next home. A new study finds that a quarter of 170 new home buyers surveyed wouldn’t have purchased a new home without using a reverse mortgage for financing.

Improvements in consumer education around this type of loan are necessary, as many are unaware of their options, say the authors of a new study.

Fears Over Delta Variant Drive Mortgage Rates Down. The time to buy continues with lower rates and more inventory on the...
08/24/2021

Fears Over Delta Variant Drive Mortgage Rates Down. The time to buy continues with lower rates and more inventory on the market!

The 30-year loan averaged 2.78% this week as economic uncertainty rises and home prices hit a new all-time high.

⏹️ Let's talk LUXURY for a minute! ▶️
08/23/2021

⏹️ Let's talk LUXURY for a minute! ▶️

A luxury real estate broker shares his take on the market, what he's seeing in his neck of the woods, plus how he's pivoting his focus to get more sellers.

First-time buyers have been budgeting, working on their credit scores and saving toward a down payment even as many have...
08/20/2021

First-time buyers have been budgeting, working on their credit scores and saving toward a down payment even as many have become less confident in their ability to secure their first house, according to the new report from JPMorgan Chase & Co.

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals.

Do these findings correlate with your home style preferences for your next home design?Check out the age groups that ten...
08/19/2021

Do these findings correlate with your home style preferences for your next home design?

Check out the age groups that tended to show slightly different preferences for interiors and exteriors!

Find out how most envision the perfect property.

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Yarmouth, MA
02675

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