
The Perks of Owning More Than One Home
Many things have changed over the past couple of years, and real estate is no exception.
Many things have changed over the past couple of years, and real estate is no exception.
As summer comes to a close, is it time to think about selling your vacation home?
The pandemic created a tremendous interest in vacation homes across the country.
When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs.
Are you clamoring for extra rooms or a more functional floorplan in your house?
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.
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.
This year, the opportunity to work remotely has increased the demand for vacation homes.
A year ago, additional space and extra amenities had a very different feel for homebuyers.
At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment.
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market.
To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think.
Homes priced at the top 25% of the price range for a particular area of the country are considered ‘premium homes.’ In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house.
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in.
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today’s premium home market, buyers are in control.
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.
We previously reported how a shortage of inventory in the starter and trade-up home markets is driving prices up and causing bidding wars, creating a true seller’s market. At the same time, in the premium home market, an over-abundance of inventory has started to see prices come down and put buyers in the driver’s seat, […]
If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are […]