by Anthony | May 23, 2022 | Uncategorized
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,...
by Anthony | May 20, 2022 | Uncategorized
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...
by Anthony | May 19, 2022 | Uncategorized
One of the reasons the residential real estate market took-off like it did during the pandemic is because there was a rediscovery of the spaces and the services that once made suburbs so attractive were rediscovered. The commuter culture evaporated, and the...
by Anthony | May 18, 2022 | Uncategorized
5. Title When purchasing a home, the purchase is not simply about the hard assets or the building itself; the buyer is actually purchasing the legal rights to the land upon which the home rests. These legal rights are described as the title, which is the legal ‘slate’...
by Anthony | May 17, 2022 | Uncategorized
Key Findings: The median listing price grew by 15.8 percent over last year. This marked the 21st week of double-digit gains for the typical home asking price. Last week’s Fed announcement of higher short term rates was widely expected, but mortgage rates still...
by Anthony | May 16, 2022 | Uncategorized
1. Loan Pre-Approval – AKA the Pre-Approval Buyers in this very tight market need to go through a vetting process called pre-approval. This form of financial vetting clarifies to the seller, the seller’s agent and the buyer’s agent that the prospective buyers can...
