Occasionally, throughout the year, we offer national perspectives on real estate topics. I’m never sure I would call whoever they are paraphrasing to be “experts,” but I do acknowledge they are professionals, and occasionally, their opinions seem relevant. While our experience tells us these are not directly correlated to our local market, they can be… [Read More]
Do Elections Impact the Housing Market?
The 2024 Presidential election is just months away. If thinking about potentially buying or selling a home, you might be curious about what effect, if any, elections have on the housing market. It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans. Historically, Presidential elections… [Read More]
How Many Homes Are Investors Actually Buying?
Are big investors really buying up all the homes today? If you’re trying to find a house to buy, this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for…. [Read More]
Tips for Younger Homebuyers: How To Make Your Dream a Reality
If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While there’s no arguing this housing… [Read More]
UPDATE – Build To Rent Proposed Development
Last Tuesday, Village of WestClay residents attended a community meeting to hear and comment on plans for a proposed Build to Rent development on 25 acres southeast of Towne Road and 126th Street that would include 214 rental homes. See Plan Below Given that the community’s reaction was overwhelmingly opposed to the project, David and I had… [Read More]
Likely the Largest Story in Residential Real Estate in Our Lifetime is Playing Out Right Now
Julie and I have been in this generally crazy business for thirty years. We have seen more than we would have ever thought conceivable, yet Change is the One Constant. We will give you our knowledge of the evolving developments and some thoughts and perspectives on how we see it settling out. And yes, the… [Read More]
The Best Week To List Your House Is Almost Here
Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual… [Read More]
What Are Experts Saying About the Spring Housing Market?
If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation… [Read More]
Why Today’s Housing Supply Is a Sweet Spot for Sellers
Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory… [Read More]
What’s the Latest with Mortgage Rates?
Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn’t directly determine mortgage rates, it… [Read More]
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