Source: Keeping Current MattersIf you're planning to buy a home this season, you're probably thinking about what you'll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate and typically agree on a revised price that was somewhere between the buyer's bid and the home's initial asking price.In today's real estate market,...
Apr 26, 2022
Buying a Home
If you're a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you're building that equity far faster than you may expect – and this gain is great news for you.Here's how it happened. Home values are on the rise thanks to low housing supply and high buyer demand. Basically, there aren't enough homes available to meet t...
Mar 24, 2022
Selling a Home
Almost 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 home sales rose to a seasonally adjusted annual rate of 6.5 million – an increase of 6.7% from the prior month...
Mar 09, 2022
Selling a Home