Key Takeaways: Buyers and sellers should take advantage of the opportunities available in today’s housing market. Homes are flying off the market at record-breaking speed, so the time for buyers and sellers to act is now. Linda Craft & Team has real estate expertise across the board. Contact us, or call 919-235-0007 today, and don’t […]
Category Archives: Raleigh Real Estate
Are We in a Housing Bubble Like 2008?
In this issue: Soaring home values and surging buyer demand have led many to believe that we’re experiencing another housing bubble. However, conditions are vastly different from those preceding the 2008 market crash. Extremely low inventory, verified demand, and strong equity are all bolstering today’s housing market—and were lacking in the mid-2000s market. The absence […]
What’s in Store for Home Values in 2021?
Key points: Nationwide home values increased by 8.2% over the last twelve months, but what can we expect from home values in 2021? Home price growth remained elevated throughout 2020, largely due to a record-low number of homes for sale and soaring buyer demand. These conditions are expected to hold steady through 2021, which should […]
Why Home Equity Is a Key Part of Building Wealth
Key takeaways: Homeownership has always been the cornerstone of the American Dream—but it’s also a crucial step to building household wealth. Owning a home helps generate equity over time, which makes real estate a sound investment for anyone looking to secure their financial future. Still on the fence about buying in the Triangle? Contact Linda […]
3 Reasons the 2021 Real Estate Forecast Looks Good
Key points: Despite a year of uncertainty, experts say that the 2021 real estate forecast is a cause for optimism. Continued economic improvement, low interest rates, and growing home sales will help to keep the housing market strong in 2021. Home buyers and sellers will be active in the coming year. If you’re thinking about […]
2020 Home Equity Increased $1 Trillion
Key points: Though 2020 was financially devastating for many, most homeowners saw a dramatic gain in home equity over the past 12 months. US homeowners with mortgages saw a 2020 home equity increase of over $1 trillion. The average homeowner gained approximately $17,000 in equity in the past year alone—that’s a 10.8% increase over last […]
The 2020 Winter Housing Market Could Be the Best Ever
In this issue: We could see the best winter housing market ever—and close out the year with more total sales in 2020 than in 2019. Mortgage rates are expected to remain low… but they won’t be this low for much longer. The biggest challenge the market faces right now is a lack of available homes […]
Large Homes Are Making a Comeback in Luxury Real Estate
The global health crisis changed many aspects of our daily lives. Millions have transitioned to working from home, and many students now study at home at least part time. Activities like fitness, outdoor time, and movie premiers have even found a place at home; we’re all spending more time at our houses these days. And […]
How Strong Is the US Housing Market Recovery?
Earlier this year, economists predicted that real estate would be a large driving force behind the US economy’s recovery. In the past few months, the numbers of residential sales and mortgage purchase applications have surged, suggesting that the housing market recovery is even stronger than previously anticipated. The Housing Market Recovery Is Soaring All-time low […]
How Do Today’s Mortgage Payments Compare to the Good Old Days?
If you’ve been thinking about buying a home or you follow real estate news, you have likely heard that interest rates are very low right now. In fact, they’re not just low—they’re lower than they’ve ever been in history. Since interest rates are so low, how do today’s mortgage payments compare to those in decades […]