Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity can make that possible.
Why Pricing Your House Right Is Essential
In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase 4.7% in 2020 and 4.1% in 2021. This means experts anticipate home values will continue climbing into next year. […]
Home Builder Confidence Hits All-Time Record
As the following chart shows, confidence dropped dramatically when stay-in-place orders were originally mandated earlier this year. Since then, it has soared back. Looking at the three-month moving averages for HMI scores, confidence increased in every region of the country: The Northeast increased 11 points to 76 The Midwest jumped 9 points to 72 The […]
Homebuyer Traffic Is on the Rise
ShowingTime, a leading showing software and market stat service provider for the residential real estate industry, just reported on their latest the ShowingTime Showing Index: “Home buyer traffic jumped again in July, recording a 60.7 percent year-over-year increase in nationwide showing activity.” That means there are 60% more buyers setting appointments to see homes than there were at this same […]