Home Prices, due to low inventory and demand, held their own. During the fourth quarter of last year, many housing experts predicted home prices would crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on Continue Reading
Key Takeaway Owning a Home provides a sense of accomplishment, a sanctuary for family and friends to build memories, financial stability, and an investment vehicle to grow your assets and net worth. June is National Homeownership Month, and it’s a perfect time to consider all the benefits of owning your home. Homeownership makes you feel proud and accomplished, but it’s also a big step Continue Reading
Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where Continue Reading
Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging in recent years: “Since 2011, the share of first-time home buyers has been under Continue Reading
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market, making the comparison less meaningful or accurate. Unpredictable events can significantly impact the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years we just experienced is Continue Reading
On Memorial Day, We remember and honor those who gave all. On this Memorial Day, we remember and honor the heroes who selflessly gave their lives for our freedom. 🇺🇸 Let us never forget their sacrifice. Other educational articles about the market and your home search are under Karen’s Blog. Additionally, explore the search bar for other topics of interest. Continue Reading
Economic experts believe now remains an excellent time to sell. Here's what you should know if you’re trying to decide if now’s the time to sell your house. The limited number of homes available right now gives you a significant advantage. That’s because there are more buyers out there than homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set Continue Reading
You’re probably feeling the impact of high inflation daily as prices have increased on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent rises. Between all those elevated costs and uncertainty about a potential recession, you may wonder if it still makes sense to buy a home today. The short answer is – it does. Here’s why. Homeownership Continue Reading
Manhattan Market Report for the week ending May 19, 2023, Supply closed out at 7,575, up 2% from the previous week. Pending Sales increase and sit at 3,137 and continue to outpace the 2019 vintage year; off-market listings (delisting) maintain the market pulse at a .41% level. We are in a balanced market. Leverage does not favor buyers or sellers. "The best Continue Reading
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