Sellers Have Incredible Leverage in Today’s Market

Sellers Have Incredible Leverage in Today’s Market | Simplifying The MarketWith mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home […]

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Renters Missed Out on $51,500 This Past Year

Renters Missed Out on $51,500 This Past Year | Simplifying The MarketRents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January […]

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Housing Challenge or Housing Opportunity? It Depends.

Housing Challenge or Housing Opportunity? It Depends. | Simplifying The MarketThe biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see […]

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What Does the Future Hold for Home Prices?

What Does the Future Hold for Home Prices? | Simplifying The MarketIf you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer […]

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The Big Question: Should You Renovate or Move?

The Big Question: Should You Renovate or Move? | Simplifying The MarketThe last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) […]

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What Do Supply and Demand Tell Us About Today’s Housing Market?

What Do Supply and Demand Tell Us About Today’s Housing Market? | Simplifying The MarketThere’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is […]

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As Home Equity Rises, So Does Your Wealth

As Home Equity Rises, So Does Your Wealth | Simplifying The MarketHomeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. […]

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It’s Still a Sellers’ Market [INFOGRAPHIC]

Some Highlights

Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe …

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Two Reasons Why Waiting a Year To Buy Could Cost You

Two Reasons Why Waiting a Year To Buy Could Cost You | Simplifying The MarketIf you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself […]

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Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]

Some Highlights

When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.
It takes professionals who study expert opinions and data…

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