Some Highlights If you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers. If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market. Connect with a local real … Continued
If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will … Continued
The real estate market in Palm Springs is experiencing a boost in demand as the strong job market fuels homebuyer interest. Despite rising mortgage rates and affordability challenges, buyers are actively searching for available homes. Showing traffic is up, with more people touring homes than before the pandemic. While the market isn’t quite as frenzied as it has been in recent years, there are still plenty of interested buyers on the hunt for their dream home. What’s driving this demand? The job market is growing at a stronger-than-expected pace, despite concerns about inflation and the economy. Overall, Palm Springs is a hot spot for those looking to make a real estate investment in a thriving market.
The National Association of Realtors will release its latest Existing Home Sales Report, which may cause confusion due to its use of median sales price instead of repeat sales prices. The median price can be affected by the composition of homes sold, causing it to decline even if individual home values are rising. Actual home values are going up in most markets, and for a more in-depth understanding of home price movements, it’s recommended to connect with a professional.
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very … Continued
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your … Continued
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices, … Continued
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices, … Continued
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April … Continued
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very … Continued