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An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the homes that […more]
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One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price […more]
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The Clifton Heights neighborhood is located between Highway 44, Arsenal, and Hampton. Despite being bordered by some busy streets, Clifton Heights is relatively quiet. The only major street that cuts through the neighborhood is Southwest, so there isn’t a lot of outside traffic. Clifton Heights has a distinctively different feel from many of the other […more]
If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later in 2021. 1. Your House Will Likely Sell Quickly According to NAR (National Association of Realtors), homes continue to sell quickly – on average, they’re selling in just 17 days. The Circa average […more]
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. […more]
What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common […more]
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant misconception about the role owning a home plays […more]