Though home prices have usually been set by the supply and demand, that calculation is astronomical in today’s market. This is because of an acute housing shortage. This shortage can be seen at its worst on the lower end of the market, which is why the prices on that end are rising at twice the…
Tag: buying
What Is Going On With The Housing Market?
Content from: The Minneapolis Area Association of Realtors, “The Skinny – October” The national unemployment rate registered in at 4.1% for October 2017, which means that joblessness has not been this low in the U.S. since December 2000. Another positive: Mortgage rates have held steady at or near 3.9%. Since 1970, the average rate has…
Now’s The Time For Buyers On A Budget To Purchase A Home
Those that have wanted to buy a home have probably heard about the market we’ve been dealing with: sticker shock, getting outbid on the home of their dreams, or not being able to find a property with everything they were looking for within their budget. As we are transitioning out of the most competitive season…
Low Housing Market Inventory Is Creating Quick Buyer And Seller Activity
As many of you have probably noticed by this point, houses aren’t staying on the market for very long. Buyers are continuing to stay motivated in this fast-paced market, especially when there are 17.3% fewer homes on the market compared to the same time last year. While the inventory remains low, prices are increasing at…
Thinking about FSBO?
Thinking about going the FSBO route? You’ll want to read this.
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