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All signs indicate another successful 2020. Increases in total jobs, existing home sales, median home price increase, new housing starts and a slight increase in the 30-year mortgage rates are heading our way.
When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale:
Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like they belong in the house. According to the 2019 Profile of Home Staging by the National Association of Realtors, "83% of buyers' agents said staging a home made it easier for a buyer to visualize the property as a future home."
Not only will your house spend less time on the market, but the same report mentioned that, "One-quarter of buyers' agents said that staging a home increas...
What could be better than the smile your child has when they open their letter from Santa Clause? This year Wes Atiyeh & his team of elves has coordinated with the Big Man in Red to send letters to good boys and girls all across the US. It is very simple, just follow the steps below and we will take care of the rest! (We told you it was easy!) And would you like to know the best part? The letters come with an official North Pole postmark and they are FREE!
Here are the easy peasy steps:
– Complete the form below. Please be sure to speeall coreckly ? and use capitals when required.
– Once you have completed the form, hit submit. Our team will take it from there! Letters will be written by Santa and mailed directly to the child!
Please note: – Only one child per letter will be accepted, but you may request letters for as many people as you like! Co-workers, neighbors, grandchildren… anyone you think needs a little Christmas cheer! – To have the special North Pole postmark on the letter, we MUST have your request by 11:59pm on Monday, November 18.
The magic of Santa is something all children should experience. We are thrilled to help you bring joy into your loved one's holiday!
Please scroll the entire form below and be sure to hit submit when you are done!
The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today.
It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to that equation: mortgage interest rates.
Mortgage interest rates have fallen by more than a full percentage point from this time last year. Today's rate is 3.75%; it was 4.86% at this time last year. This has dramatically increased a purchaser's ability to afford a home.
Here are three reports validating that purchasing a home is in fact more affordable today than it was a year ago:
With inventory still stubbornly tight, existing-home sales sank 1.7 percent, according to the June National Association of REALTORS® report, newly released. Compared to June of last year, sales underwhelmed, down 2.2 percent.
We're in familiar territory, according to Lawrence Yun, chief economist at NAR.
"Home sales are running at a pace similar to 2015 levels—even with exceptionally low mortgage rates, a record number of jobs and a record high net worth in the country," says Yun. "Imbalance persists for mid- to lower-priced homes with solid demand and insufficient supply, which is consequently pushing up home prices."
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