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1230 search results for: june is the month to hunt expired listings
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 are available. However, signs of relief are finally appearing.
Key Housing Market Trends [INFOGRAPHIC]
If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
Did Your Dream Home Just Come on the Market?
For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a graph showing the monthly new listings going back to January of last year. The green bars indicate the first gains since June.
Are There More Homes Coming to the Market?
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today.
What Everyone Wants To Know: Will Home Prices Decline in 2022?
If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are not projected to decline. Here’s why.
The Journey To Buy a Home [INFOGRAPHIC]
Some Highlights
- When you head out to buy a home, there are a number of key milestones you’ll encounter along the way.
- The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more.
Your Journey to Homeownership [INFOGRAPHIC]
Some Highlights
- When it comes to buying a home, there are a number of key milestones along the way.
- The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more.
The Top Reasons To Own Your Home [INFOGRAPHIC]
Some Highlights
- June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home.
- If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth.
A Key Opportunity for Homebuyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point.
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
There are only about half the number of homes for sale compared to the last normal years in the market.
Reasons To Own Your Home [INFOGRAPHIC]
June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.
What Buyers Need To Know About the Inventory of Homes Available for Sale
If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.
Today’s Housing Inventory Is a Sweet Spot for Sellers
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity.
Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]
Today’s housing inventory is still well below more normal years.
More Listings Are Coming onto the Market [INFOGRAPHIC]
Some Highlights
- Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.
- Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell.
Are More Homes Coming onto the Market?
An important factor shaping today’s market is the number of homes for sale.
What’s Really Happening with Home Prices? [INFOGRAPHIC]
Some Highlights
- If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
- While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]
Some Highlights
- Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
- Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come.
Home Sales Hit a Record-Setting Rebound
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark.
Sellers Are Returning to the Housing Market
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at realtor.com, explains:
What’s Going To Happen with Home Prices This Year?
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet been released.
6 Reasons to Celebrate National Homeownership Month
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years.
Young First-Time Buyers Are Saving for Their Dream Homes
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features.