Housing Market Updates

What’s Going On with Bidding Wars?

What’s Going On with Bidding Wars? | Simplifying The MarketIn a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home. According to […]

Read More

4 Reasons to Buy a Home in the Spring

4 Reasons to Buy a Home in the Spring | Simplifying The MarketSpring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will […]

Read More

Why an Economic Slowdown Will NOT Crush Real Estate this Time

Why an Economic Slowdown Will NOT Crush Real Estate this Time | Simplifying The MarketLast week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one […]

Read More

2 Reports That Say Now Is a Great Time to Sell

2 Reports That Say Now Is a Great Time to Sell | Simplifying The MarketHeading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]

Read More

The Housing Market Will “Spring Forward” This Year!

The Housing Market Will “Spring Forward” This Year! | Simplifying The MarketJust like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand […]

Read More

Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]

Some Highlights:

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
In the report, home prices are compared both regionally and by state.
Based on the latest numbers, if you plan on relocatin…

Read More