Affordability and Scarcity

Affordability is the new real estate buzzword. The last two years the inventory shortage that has impacted the market has ultimately driven prices over the last 30 months to hit all-time highs. In addition to making it somewhat lucrative for sellers of homes, the rise...

Inflation Fighting Ideas for Staging

Inflation is here, but in the real estate market, inflation hurts the population of people looking to buy their first house. The inflation is also hurting buyers through the rise in mortgage rates, which have doubled over the last 12 months. So while the cost of the...

More Inventory But Less Time on Market

The median listing price grew by 15.9% compared with 2021, representing the 22nd straight week of double-digit gains. Even in the light of higher mortgage rates, the trajectory of the prices for existing homes did not let up. While consumer confidence fell a bit,...

Rooms that Raise the Value of a Home for Sale

While demand to purchase homes continues to outstrip supply, potential sellers are seeking the most cost-efficient ways of staging their homes to attract the best price. The annual owner improvement and repair spending is estimated to reach $430 billion by the second...