Housing Market Updates

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Key Factors That Impact Affordability Today

Key Factors That Impact Affordability Today | Simplifying The MarketYou can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, […]

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How Global Uncertainty Is Impacting Mortgage Rates

How Global Uncertainty Is Impacting Mortgage Rates | Simplifying The MarketIf you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since […]

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Supply and Demand in Today’s Market [INFOGRAPHIC]

Supply and Demand in Today’s Market [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
  • For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
  • If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market.

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Are Home Prices Continuing To Rise?

Are Home Prices Continuing To Rise? | Simplifying The MarketMany analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% […]

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An Expert Advisor Will Give You the Best Advice in Today’s Market

An Expert Advisor Will Give You the Best Advice in Today’s Market | Simplifying The MarketHaving an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts […]

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The #1 Reason To Sell Your House Today

The #1 Reason To Sell Your House Today | Simplifying The MarketAlmost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing […]

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How Supply and Demand Can Impact Your Buying and Selling Goals

How Supply and Demand Can Impact Your Buying and Selling Goals | Simplifying The MarketIn today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that […]

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Real Estate Voted the Best Investment Eight Years in a Row

Real Estate Voted the Best Investment Eight Years in a Row | Simplifying The MarketIn an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]

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What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home.
  • Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age.
  • If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase.

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4 Simple Graphs Showing Why This Is Not a Housing Bubble

4 Simple Graphs Showing Why This Is Not a Housing Bubble | Simplifying The MarketA recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing […]

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