For Sellers | Chuck Norsch, CMPS, MBA

Where is the Housing Market Headed in 2019? [INFOGRAPHIC]

by Chuck Norsch | Dec 28, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of...

24 Hours that Suddenly Improved the Market

by Chuck Norsch | Dec 27, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many,...

Buyers Are Looking for Your Home, Now [INFOGRAPHIC]

by Chuck Norsch | Dec 21, 2018 | For Buyers, For Sellers, Housing Market Updates, Infographics

Some Highlights: Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month...

4 Quick Reasons NOT to Fear a Housing Crash

by Chuck Norsch | Dec 20, 2018 | For Buyers, For Sellers, Housing Market Updates

There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much...

Why Houses DO NOT Sell in a Strong Market

by Chuck Norsch | Dec 18, 2018 | For Sellers, Move-Up Buyers

As we approach the end of the year, many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?” Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when...

4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

by Chuck Norsch | Dec 14, 2018 | For Sellers, Infographics, Move-Up Buyers

Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing...