Will the Housing Market Maintain Its Momentum?
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before.
This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
![This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/04/22140631/20210423-NM.png)
Some Highlights
- In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
- When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
- Today’s housing market is healthy, and rising prices are driven by real buyer demand. Contact a local real estate professional to learn the best ways to navigate such an energetic market.
Don’t Be Fooled by Remarkable Real Estate Headlines
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June).
82,338 Great Reasons to Buy a Home Today
The financial benefits of buying a home as compared to renting one are always up for debate.
Why This Is a Great Year to Sell Your Vacation Home
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year.
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program.
Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]
![Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/04/08110201/20210319-NM.png)
Some Highlights
- If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs.
- With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are discovering the value of a multigenerational home.
- With such high demand for houses today, now is a great time to sell so you can upgrade to a multigenerational home that may better suit your evolving needs.
Latest Jobs Report: What Does It Mean for You & the Housing Market?
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report.
Buyer Competition Is Good News for Sellers [INFOGRAPHIC]
![Buyer Competition Is Good News for Sellers [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/04/01112815/20210402-NM.png)
Some Highlights
- With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast.
- According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and they’re selling in less than three weeks.
- If you’re ready to make a move, contact a local real estate professional today so you can sell your house while the market is in your favor.
There’s No Reason To Panic Over Today’s Lending Standards
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash.
What It Means To Be in a Sellers’ Market
If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move.
2021 Real Estate Myth Buster [INFOGRAPHIC]
![2021 Real Estate Myth Buster [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/03/25110612/20210326-NM.png)
Some Highlights
- There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
- Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
- With these busted myths in hand, be sure to also work with a trusted real estate advisor so you can decipher local facts from fiction along the way.
Buyer & Seller Perks in Today’s Housing Market
Right now, the housing market is full of outstanding opportunities for both buyers and sellers.
Why You Should Think About Listing Prices Like an Auction’s Reserve Price
For generations, the homebuying process never really changed.
Should We Fear the Surge in Cash-Out Refinances?
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020.
Americans See Major Home Equity Gains [INFOGRAPHIC]
![Americans See Major Home Equity Gains [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/03/18145716/20210319-NM.png)
Some Highlights
- Today’s home price appreciation is driving equity higher throughout the country.
- If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move.
- Now is a great time to put your equity toward a down payment on the home of your dreams.
What Is the #1 Financial Benefit of Homeownership?
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation.
Will the Housing Market Bloom This Spring?
Spring is almost here, and many are wondering what it will bring for the housing market.
6 Simple Graphs Proving This Is Nothing Like Last Time
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic.
How Upset Should You Be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July.
5 Reasons to Sell Your House This Spring
When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move.
Is It a Good Time to Sell My House?
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis.
Home Prices: What Happened in 2020? What Will Happen This Year?
The real estate market was on fire during the second half of 2020.
It’s a Sellers’ Market [INFOGRAPHIC]
![It’s a Sellers’ Market [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/02/25131527/20210226-NM.png)
Some Highlights
- Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.
- With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat.
- Reach out to a local real estate professional today if you’re ready to learn about the leverage you have as a seller in today’s housing market.
Are There Going to Be More Homes to Buy This Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone.
