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Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what’s going on with home prices these days. Here’s the scoop. The latest national data from Case-Shiller and the Federal Housing Finance Agency (FHFA) shows they’re going up (see graphs below): As you can see, home prices were rising …

Some Highlights If your needs have changed, now’s a great time to sell and get the features you want most. Many buyers are eager to move between the school years, so you may see a faster sale, multiple offers, a higher final sales price, and more. If you want to get your house ready for a summer listing, connect with …

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you want to buy a newly built home, you may not have pictured new home construction. A …

Apartment List released its monthly rent report last week, showing that rent prices rose for the third consecutive month, but the growth was modest. This indicates sluggishness in the market. The national median rent increased by 0.5% in April to $1,396. However, rent growth slowed slightly compared to the previous month. This could be a sign of another slow summer …

If you’re thinking of buying or selling a house, it’s important to know it doesn’t just impact you—it helps out the local economy and your community, too. Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below): When a house is …

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While there’s no arguing this housing market is …

A rental property pro forma is a comprehensive document that projects the income and expenses of a particular property. It typically offers the prospective buyer a crystal-clear picture of their potential returns. Unlike actual financial statements, which record past transactions, a pro forma is forward-looking. It’s a blueprint, a hypothetical scenario based on a few well-informed assumptions about how a …

Thinking about selling your house? As you make your decision, consider what’s pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below): Let’s take a closer look and see if they’re motivating you to make a change too. 1. …

Some Highlights Having a hard time finding a home in your budget? ​Builders may have a solution that can help. Builders are shifting their attention to what buyers want most right now – smaller, more affordable homes. If you want to see what’s available locally and in other areas nearby, connect with an agent to explore your options together.  Related …

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead. Economic Factors That Impact Mortgage Rates When it comes to mortgage rates, things …

Jeff Cox of CNBC reports on U.S. GDP growth, highlighting that in Q1 2024 it increased at a 1.6% annualized pace when adjusted for inflation, according to the preliminary read from the Bureau of Economic Analysis. Economists had predicted an increase of 2.4% following a 3.4% gain in Q4 2023 and 4.9% in Q3 2023. Cox quotes David Donabedian, chief …

Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place. 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way home prices …

Preserving the Beauty of Your Masonry: Stone Pointing by Skilled Professionals Stone walls have been built for a long time, and people think they look great. They make old buildings and new buildings look nice. Stone gives a wall strength and character. Something important that holds the stones together is the mortar. Mortar is made mostly from sand, lime, and …

4 Ways Office Location Selection Can Impact Your Business Choosing an ideal office is a crucial decision for any business, one that can significantly impact your success. The right office location selection can attract top talent, enhance your brand image, and streamline operations, while the wrong choice can hinder growth and lead to logistical nightmares. This article explores key factors …

The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right. But the supply of …