Posts with tag 'home for sale'
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29
A Look at Housing Supply and What It Means for Sellers
One of the hottest topics of conversation in today's real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you've likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. But as life begins to return to normal, you may be wondering if that's something that will change.
While it may be tempting to b...
21
Should I Move or Refinance?
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don't have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity.
According to the first-quarter 2021 U.S. Home Equity Report from ATTOM Data Solutions:
13
The Luxury Market Is Attracting Buyers in 2021
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares:
"In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen one of its strongest years since 2008. In comparison to experts' predictions in early 2020, it is rema...