Blog

1. Buyers: You May Face Less Competition as Bidding Wars Ease

   Published 7 months ago

   One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a condo or home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If… read more

2. 3 Graphs To Show This Isn’t a Housing Bubble

   Published 7 months ago

   With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is,… read more

3. Looking for a Place To Call Home? Consider a Condominium.

   Published 8 months ago

   It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate… read more

4. Is the Housing Market Correcting?

   Published 9 months ago

   If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs… read more

5. Sellers Have an Opportunity with Today’s Home and Condo Prices

   Published 10 months ago

   As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes or condos would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home and condo prices seems to confirm that… read more

6. How To Approach Rising Mortgage Rates as a Buyer

   Published 10 months ago

   In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your condo or home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in… read more

7. Is It Enough To Offer Asking Price in Today’s Housing Market?

   Published 11 months ago

   If you’re planning to buy a home or condo this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the property. The buyer and… read more

8. There Are Several Great Reasons To Consider Buying a Condo Today

   Published 12 months ago

   If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are… read more

9. More Young People Are Buying Condos and Homes

   Published 1 year ago

   There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their… read more

10. Owning Is More Affordable than Renting in the Majority of the Country

    Published 1 year ago

    If you were thinking about buying a condo or home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning… read more