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Monthly Archives: June 2020

    Are You Ready for the Summer Housing Market?

    By Raegan George | June 30, 2020

    As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes for sale and slowed the... Read More

    Tips That Will Lower Your Electric Bill

    By Raegan George | June 29, 2020

    Temperatures are rising which means that your utility bills are likely on the rise too. With the average American spending around $200 a month on energy, most are looking for a way to decrease those prices in any way they can. Just not using air conditioning is an unrealistic option, so there are other updates... Read More

    Opportunity in the Luxury Market This Year

    By Raegan George | June 26, 2020

    Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” 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... Read More

    More New Homes Coming to the Housing Market This Year

    By Raegan George | June 25, 2020

    More new homes are coming to the market this year. The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number... Read More

    The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year

    By Raegan George | June 24, 2020

    The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not seen in many years. It... Read More

    Keys to Selling Your House Virtually

    By Raegan George | June 23, 2020

    In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if... Read More

    The #1 Reason to List Your Home Right Now

    By Raegan George | June 22, 2020

    The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident... Read More

    Have Rent Prices Increased?

    By Raegan George | June 19, 2020

    Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase... Read More

    Forget the Price of a Home. The Cost is What Matters.

    By Raegan George | June 18, 2020

    Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic increased their 12-month projection for home values from 4.5% to 5.6% over the last few months. The... Read More

    Have You Budgeted for Closing Costs?

    By Raegan George | June 17, 2020

    Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According to Trulia, “When you close on a home, a... Read More