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Market Trends Report | APR. ’24
Navigating Interest Rate Drops Sellers in the real estate market are closely watching the Federal Reserve’s signals, which hint at potential interest rate drops this year. This assurance has sparked a shift in seller behavior, with many feeling more confident in exploring their options and listing their properties. Let’s delve into the data and trends…
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The Best Week To List Your House Is Almost Here
Are you thinking about moving? If so, now may be the perfect time to start the process. Experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years (except 2020, since it was an unusual year) and found the best week to…
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Is Finding a Home to Buy Easier Now?
One of buyers’ biggest hurdles over the past few years is the lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023): Does That…
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Homebuyer’s Guide to Closing Costs
Before buying a home, you must plan for all the costs you’ll be responsible for. While you’re busy saving for the down payment, don’t forget you’ll also want to prep for closing costs. Here’s some helpful information on those costs and how much you should budget for them. What Are Closing Costs? A recent article from Bankrate explains: “Closing…
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Is Buying a Home Now a Smart Move?
Are you thinking about buying a home? If so, you’re probably wondering: Should I buy now or wait? Nobody can make the decision for you, but here’s some information to help you decide. What’s Next for Home Prices? Fannie Mae and Pulsenomics publish the Home Price Expectations Survey (HPES) results each quarter. It asks more than 100 experts—economists, real estate professionals,…
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4 Tips for Your Strongest Home Offer
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low, leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. Remember these four tips to make…
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MAR – APR 2024 NEWSLETTER
Russell Wilson Out as Denver’s Quarterback: Fate of Cherry Hills Mansion in Limbo With rumors making waves in Denver’s real estate scene, star quarterback Russell Wilson and his wife, singer-songwriter Ciara, might be privately shopping their home. The property, which holds the record as the most expensive home ever sold in the Denver area, is seemingly open to offers…
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Your Home Is a Powerful Investment
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting that home prices would drop by as much as 10-20%, which might have made you feel a bit unsure about buying a home. But here’s what happened: home prices increased more than…