by Chuck Norsch | Jan 16, 2020 | For Buyers, For Sellers, Housing Market Updates, Millennials
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest...
by Chuck Norsch | Jan 15, 2020 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home...
by Chuck Norsch | Jan 14, 2020 | For Buyers, Luxury Market, Move-Up Buyers
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in...
by Chuck Norsch | Jan 8, 2020 | For Buyers, For Sellers
Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind...
by Chuck Norsch | Jan 7, 2020 | First Time Home Buyers, For Buyers, Move-Up Buyers
Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as...
by Chuck Norsch | Jan 6, 2020 | First Time Home Buyers, For Buyers, Rent vs. Buy
Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate that real estate is a...
