Real estate predictions for 2020 are looking pretty positive: interest rates sit at historic lows, prices are strong but stable, and demand is high. But there is one challenge to this optimistic outlook, and itās a shortage of housing inventory. Housing Inventory Is Shrinking Inventoryāthe number of homes for sale, that isāisnāt just low. Itās [ā¦]
Typically fallāand especially late fallāisnāt an active time for the housing market. Buyers slow down around the holidays, fewer sellers list their homes on the market, and thereās a predictable lull before the New Year. But this year, thatās not the case. In fact, buyer demand has grown in every region of the country, with [ā¦]
Do a little research on the best time to sell your home, and you might think that it wonāt be worth it if youāre not listing in the spring or the summer. While every season has its own unique benefits, that couldnāt be further from the truth! It is true that spring and summer are [ā¦]
These days, itās easier than ever before to search for a home onlineāand tons of buyers are doing it. In fact, 93% of buyers start their search on a websiteā¦but that doesnāt tell the full story. In addition to websites, 86% of buyers are also still using a real estate agent to find out more [ā¦]
This yearās real estate market has been shattering all sorts of expectationsāand the latest numbers are no exception. While you might think that spring and summer are the most profitable seasons for selling, this fall has the potential to prove you wrong! Here are the highlights from the National Association of Realtorsā latest home-selling report. [ā¦]
True or false: if youāre buying a home, you need to have at least a 20% down payment? If you answered true, you arenāt aloneāso did 62% of Americans. But in reality, that couldnāt be further from the truthāand you donāt have put off your home-buying dreams just because you canāt come up with 20% [ā¦]
You might think that since youāve put some distance between now and high school and college, your days of memorizing vocabulary and learning new definitions is long gone. But if youāre buying a home, then youāre going to want to dust off those skills and start studying up. Real estate comes with its own confusing [ā¦]
Coffee or tea? Cake or pie? Rent or buy? Life is full of big questionsāsome a little harder to answer than others. But in the case of renting versus buying, there are a few big reasons why ownership still wins the battle. Thinking about making the jump from renting to owning? Hereās how your life [ā¦]
Over the past few months, weāve talked a great deal about the benefits of owning a homeāand why todayās market is one of the best windows to buy. With a new set of numbers released on home equity, weāve got another major reason why owning a home pays: it forces you to save, and in [ā¦]
No matter what capacity youāre entering the Triangle area real estate market ināwhether itās buying, selling, or investingāitās crucial to be prepared. By knowing all of the latest numbers on mortgage rates, median sales price, and average days on the market, you can gain a major advantage over your competition! Since we want to ensure [ā¦]
