Highlights The October U.S. housing market remains active and improving overall. However, home prices remain high due to tight inventory and high demand. Since many sellers are also hopeful homebuyers, the low supply of available homes for sale makes the decision to sell more difficult. Experts hope that increased construction will help ease the home…

The U.S. housing market remains active. Housing market indicators released in October show market activity improving overall. However, home list prices remain high due to tight inventory and high demand. Since many sellers are also hopeful homebuyers, the low supply of available homes for sale makes the decision to sell more difficult. Experts hope that…

Staging a home will help it sell faster and for a higher price. However, home staging is more than just cleaning, straightening, and rearranging the furniture. Home staging is a way to showcase your home’s best assets to make it appealing to the broadest range of potential buyers. Think of staging as dressing your home…

Is new construction the right way to go when you can’t find the “perfect” home? Finding an existing home can be a frustrating experience, especially when you discover that the “perfect” home just sold. According to Zillow, homes are selling faster than in previous years. In 2020, homes spent an average of 25 days on…

One reason for a delay in the closing of a home sale is a problem with the appraisal. Issues with the appraisal result in 18% of home sale delays and are the second most common reason to hold up a home sale (obtaining financing is number one). Appraisal problems can not only delay the closing,…

According to the real estate brokerage firm Redfin, the average homeowner stays in their home longer than they used to. In 2010 a typical homeowner stayed eight years in a home. In 2019, the average was 13 years. Longer homeownership helps drive increased homeowner equity. It is one of the bright spots of the 2020 real estate…

September housing activity has improved overall, but it remains a seller’s market. The indicators for the National Housing market as of September reveal activity has improved overall. While it is still very much a seller’s market, there is movement as we see more homes come onto the market. There also appears to be a decline…

Highlights September housing activity has improved overall, but it remains a seller’s market. More homes are coming onto the market, and there appears to be a decline in the number of buyer bidding wars. Demand remains elevated, and buyers are quickly snapping up homes. The typical home spent 43 days on the market in September,…

The indicators for the National Housing market as of September reveal activity has improved overall. While it is still very much a seller’s market, there is movement as we see more homes come onto the market.  There also appears to be a decline in the number of buyer bidding wars. Chris Glynn, an economist at Zillow…

Home prices in the U.S. have climbed at a record pace during the pandemic, with many homes selling above their asking price. The trend continued in August. However, the buyer demand still outpaces the supply; but the growing inventory is giving home shoppers a little breathing room.