Tag: #lowerkeysmortgage
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.
To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell...
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some Highlights
Whether you’re buying or selling – today’s housing market has plenty of good news to go around.
Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale.
If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market.
Content previously posted on Keeping Current Matters
Is the Number of Homes for Sale Finally Growing?
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.
According to data from realtor.com, active listings have increased over the last four months. They define active listings as:
“The active listing count tracks the number of for sale...
5 Tips for Making Your Best Offer
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams.
Below are five things to keep in mind when it’s time to make an offer.
1. Know Your Budget
Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts...
Actor-Poet Malcolm-Jamal Warner Joins Exit 36 Slam Poetry Festival as Celebrity Judge
POMPANO BEACH, Fla. /FLORIDA NEWSWIRE/ — Pompano Beach Arts is proud to announce that television icon Malcolm-Jamal Warner is joining the fourth annual “Exit 36 Slam Poetry Festival” as a celebrity judge. The famed star of “The Cosby Show” and current hit “The Resident” will also be performing his poetry at the festival and sharing thoughts about his career during an Artist Talk.
The three-day event attracts the premier spoken word artists in the country and will take place December 9-11, 2021 at the City’s cultural venues. Event details and...
The Spodak Dental Group Transitions to 4-Day Work Week in Delray Beach FL
DELRAY BEACH, Fla. /FLORIDA NEWSWIRE/ — The Spodak Dental Group transitioned to a four-day work week in 2021 with a goal to take the very best care of each team member. After the turmoil of a 2020 year filled with the uncertainty, stress and additional regulations due to COVID-19, the family-owned company realized that there was a great opportunity to provide each team member with a flexible schedule that supports a greater work life balance.
“We focus on providing our patients with an amazing human experience in our office, so it made sense to dedicate similar focus to our...
The Truth About Today’s Buyer Demand
When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major life decision, and we offer advice based on what the data shows.
Despite what you may have read, the housing market is still undeniably strong. Here’s a look at what leading experts have to say about buyer demand today and how it continues to shape the industry:
Michael Lane, President at ShowingTime:
“In...
Empire License says Get Ready for New Character for Advertising, TV and Toys: Black Friday
MIAMI, Fla. /FLORIDA NEWSWIRE/ — The day after the American Thanksgiving Day holiday has long been considered the biggest shopping day of the year in the United States. Dubbed “Black Friday” for many reasons, shopping on that day (via brick and mortar or e-commerce) has become part of the holiday tradition for most consumers. Empire License, Inc. is now very excited to introduce to the world their very own version of Black Friday: “Black Friday” the character, in the formation of animation and plush dolls.
As the preferences and habits of consumers change and...
Why It’s Still Safe To Sell Your Home
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:
“The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.”
Below is a closer look at some of the new tools...
Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Some Highlights
When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.
It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction.
Trust the pros. If you want to understand why it’s still a good time to buy, let’s connect today.
Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping...