by NICK FLERLAGE | Jul 29, 2021 | Uncategorized
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are...
by NICK FLERLAGE | Jul 27, 2021 | Uncategorized
Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses...
by NICK FLERLAGE | Jul 26, 2021 | Uncategorized
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven...
by NICK FLERLAGE | Jul 25, 2021 | Uncategorized
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s...
by NICK FLERLAGE | Jul 24, 2021 | Uncategorized
Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.Although the supply increases...
by NICK FLERLAGE | Jul 23, 2021 | Uncategorized
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad...
by NICK FLERLAGE | Jul 22, 2021 | Uncategorized
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First...
by NICK FLERLAGE | Jul 20, 2021 | Uncategorized
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is...
by NICK FLERLAGE | Jul 19, 2021 | Uncategorized
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically.On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000.When it’s time...
by NICK FLERLAGE | Jul 17, 2021 | Uncategorized
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will...
