by zyppr | Oct 12, 2023 | Home value, Housing Market Updates, Inventory, Market Trends, Market Updates
Photo by Tierra Mallorca on Unsplash Key Takeaways The amount of homes actively for sale is down 4.0% compared to last year. The quantity of unsold homes, including homes that are under contract, is lower by 7.2% compared to last year. There are 9.1% less newly listed...
by zyppr | Sep 14, 2023 | Buyers & Sellers, Housing Market Updates, Interest Rates
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough...
by zyppr | Aug 21, 2023 | Buyers & Sellers, Housing Market Updates, Pricing
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...
by zyppr | Jun 12, 2023 | Buyers, First Time Home Buyers, Housing Market Updates
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over...
by zyppr | May 15, 2023 | Buyers & Sellers, Housing Market Updates, Move-up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by zyppr | May 8, 2023 | Buyers, Housing Market Updates, New Construction
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t...