ARCHIVED BLOG POSTS
Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high d...
Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone!According to the 2018 Bank of America Homebuyer Insights Report, 74% of rent...
Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and ab...
Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has...
Exceptionally well updated colonial in Blossom Glen shows like a model but feels like home and is loaded with extras too! This stately Courtland model with 9 foot ceilings has been expanded to include a vaulted morning room and larger family room. You'll find it all here including a dramatic two ...
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’that allows you to use your monthly housing costs to increase your family’s wealth.Every month that...
National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates.As a seller, you will likely be most concerned about ‘short-term price’ – wher...
Featured in 1996 Parade of Homes, custom builder Fred Zumpano designed this gorgeous, quality-crafted Colonial to fit its storybook setting. Grand, warm and welcoming, its high-impact, open concept incorporates extra wide doorways, halls and stairways throughout. This Universal Design lends a sen...
An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets whi...
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.Below is a chart created using Freddie Mac’s U.S. E...