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Pricing

How Much Leverage Do Today’s House Sellers Have?

February 24, 2021 by Jeffrey B Thompson

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time ... » Learn More about How Much Leverage Do Today’s House Sellers Have?

Filed Under: For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

Where Have All the Houses Gone?

February 22, 2021 by Jeffrey B Thompson

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage ... » Learn More about Where Have All the Houses Gone?

Filed Under: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

47% of New Buyers Surprised by How Affordable Homes Are Today

February 11, 2021 by Jeffrey B Thompson

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low ... » Learn More about 47% of New Buyers Surprised by How Affordable Homes Are Today

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

3 Reasons We’re Definitely Not in a Housing Bubble

February 9, 2021 by Jeffrey B Thompson

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally ... » Learn More about 3 Reasons We’re Definitely Not in a Housing Bubble

Filed Under: Buying Myths, Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing, Real Estate, Selling Myths Tagged With: Real Estate, Simplifying The Market

Want to Build Wealth? Buy a Home This Year.

February 2, 2021 by Jeffrey B Thompson

Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax ... » Learn More about Want to Build Wealth? Buy a Home This Year.

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
REALTOR®

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