While the 2021 housing market was booming, it wasn’t a walk in the park for most buyers. 66% of Americans who began the year with intentions to buy weren’t successful according to NerdWallet’s 2022 Home Buyer Report. With 26 million planning to buy a home this year, the lessons from the failed 2021 attempts may… [Read More]
New Survey Suggests Real Estate Craze Was Not as Intense as Indicated
Anecdotal evidence that the late-2020-into-early-2021 real estate market was hot but new data from Zillow’s Consumer Housing Trends Report debunks a common misconception that all buyers experienced a grim reality when it came to home buying. The record-setting housing market that begin several months after the onset of the covid-19 pandemic brought reports of frustrated… [Read More]
How Much Should You Put Down on a House?
20% is often touted as the amount for any prospective homebuyer and that may have been true years ago, these days there are more flexible funding options available. Unless you are part of the small percentage of homebuyers who are able to put in an all-cash offer, you will likely need a mortgage and a… [Read More]
How To Make an Offer on A Home
Finding your dream home can be exciting but also a bit terrifying. Are you sure it’s the one? After all, the offer you put in is a legally binding agreement and that agreement includes a great deal of details. There are several things to consider before you make an offer on a house. First, have… [Read More]
Proposal Lists Ways to Address House Underbuilding in the U.S.
A new report released by the National Association of Realtors and authored by the Rosen Consulting Group, has highlighted the extensive underbuilding in the U.S. and the effects of underinvesting in housing. Following decades of underinvesting and underbuilding, the country faces a shortage of available housing. There is also a worsening affordability crisis and an… [Read More]
Charlotte Seeing a Red-Hot Market
If you have been hunting for a home within the past two years, you’re no stranger to the red-hot market conditions around the country and Charlotte has been no exception. Closing on a home these days is tough, but how tough is it? The combination of lower interest rates, shrinking inventory and the continued increase… [Read More]