Understanding the Connection Have you ever wondered how inflation affects the housing market? The truth is, that these two economic forces are closely intertwined. Changes in one invariably influence the other. Here’s a straightforward overview of the relationship between inflation and the housing market. The Interplay Between Housing Inflation and Overall Inflation Shelter inflation, as […]
The Puzzling Conundrum The real estate world can be a maze of numbers and statistics, often leading to mixed signals and perplexity. On the horizon is the release of the National Association of Realtors’ (NAR) most recent Existing Home Sales (EHS) report, an eagerly anticipated monthly disclosure that provides a window into the ebb and […]
As a homeowner, you might be grappling with the decision to sell your house, possibly due to concerns about higher mortgage rates on your next home. If this is your dilemma, understanding your equity could be the key to boosting your confidence in making that move. What is Equity and How Does It Work? Equity […]
If you’re contemplating a real estate transaction, you’re probably wondering about the current state of the home price trends. The confusion often arises from sensationalized headlines that compare today’s data with the exceptional ‘unicorn’ years when prices soared to unsustainable levels. It’s crucial to recognize that these comparisons are misleading. The market is now returning […]
In today’s real estate landscape, sellers find themselves in an advantageous position due to the current state of housing inventory. One of the most significant hurdles in the housing market is the scarcity of homes available for sale, particularly when compared to the robust demand from prospective buyers. To underscore the ongoing scarcity of housing […]
As a homeowner contemplating the next steps, you might have considered turning your house into a short-term rental rather than selling it. In the age of platforms like Airbnb, the allure of short-term rentals (STR) has never been stronger, as they often serve as more personalized hotel alternatives. However, while the idea might sound appealing, […]
Purchasing your first home is a thrilling choice and a significant milestone with the potential to enhance your life significantly. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging in recent […]
Navigating the home-buying process can be overwhelming, especially in today’s unique market conditions. With a scarcity of homes for sale, bidding wars have become commonplace, causing home prices to rise as buyers vie for limited inventory. Despite the challenges, Linda Craft Team Realtors is here to guide you through the process and help you secure […]
With the current low inventory of Raleigh homes for sale, it’s important to note that this season sees fewer sellers listing their houses compared to the usual market trends. If you’re considering selling your Triangle area home, now is a unique opportunity. When analyzing April data from 2017 onwards, the only year with fewer sellers […]
With the housing market experiencing significant shifts in recent times, a sense of anticipation lingers this spring season. As you contemplate the future, questions arise: Will there be an increase in available Raleigh homes? What lies ahead for home prices and mortgage rates? And most importantly, what guidance should you follow to navigate your current […]