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Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that prices are coming down. But here’s the catch: those numbers don’t tell the whole story. Home values are rising nationally, even if the median price…
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SEP– OCT 2024 NEWSLETTER
The Shrinking Trend: How Smaller Homes Are Maximizing Space and Functionality The future of home design is all about doing more with less, and new homes are getting smaller without losing their charm—or their function! In response to affordability challenges, builders are scaling back on square footage while finding creative ways to keep homes practical…
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How Long Will It Take To Sell My House?
You want your house to sell fast. And you may be wondering how long the whole process will take. One way to get your answer? Work with a local real estate agent. They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way, you have realistic expectations and can…
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Housing Market Forecast: 2nd Half of 2024
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:…
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Selling Smart: The Real Estate Agent Advantage
If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s worth the extra stress. Going this route means shouldering many responsibilities yourself – and if you’re not an expert, that opens the door for mistakes to happen and can quickly become overwhelming. A report from the National Association…
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Don’t Overprice: The Costly Mistake in Home Selling
If you’re trying to sell your house, you may consider this spring season the sweet spot—and you’re not wrong. We’re still in a seller’s market because there are so few homes. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign. But while conditions…
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Retire with Ease: Downsizing Benefits
If you’re looking at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home. When you think about cutting down on your spending, the odds are that you will feel like making frequent purchases, like groceries and other…
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Today’s Ideal Housing Supply for Sellers
Wondering if it still makes sense to sell your house right now? The short answer is yes. And if you look at the current number of homes for sale, you’ll see two reasons. An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has…
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Get Your House Ready for Spring Listing
If you’re considering selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it will be necessary to let your home shine bright among the competition. Here are some valuable tips you can use to get your house market-ready. Declutter and Organize First impressions…
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Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as fierce as during the ‘unicorn’ years when houses sold quicker than ever, they’re still selling faster than usual. The graph below uses data from Realtor.com to tell the story of median days on the market for every January from 2017 through…