Key Takeaways Industry experts anticipate that home values will continue to appreciate throughout the year, though at a much more modest pace than last year. The imbalance between housing supply and demand will continue to put upward pressure on home prices. Your favorite realtors at Linda Craft & Team are here to help you navigate […]
Key Takeaways The housing market will continue to favor those choosing to sell their homes now, but don’t expect to see last year’s appreciation values. Historic low housing inventory greets the Millennial generation, and rising mortgage rates for current homeowners may lessen overall supply and demand. Linda Craft & Team can help you act fast […]
Key Takeaways Real estate market anticipates hot spring sales. Pent-up housing demand and low inventory supply will create lucrative opportunities. Don’t wait until spring has sprung to make your move—contact Linda Craft & Team! Springtime in the real estate industry has historically meant one thing: busy. So, if you’re considering buying a new home this […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]