Even in the midst of a worldwide pandemic and uncertain times, we can be grateful that the housing market continues to be a source of financial stability and growth. Not only have existing home sales surged to levels not seen in more than 14 years, but the median price of existing homes is nearly 15% higher than last year. These conditions continue to be fueled by home buyers’ desire to expand their work-from-home and virtual school living spaces in addition to continued record lows in mortgage rates. While this has resulted in higher purchase prices for existing homes, the National Association of Home Builders has reported on a positive note that they are rushing to meet the demands of the undersupplied housing market with new construction.
If you have outgrown your home, are looking to relocate or know someone who is, I would be happy to help in any way I can and am always thankful for your referrals. Please call with any questions you may have: (919) 291-5704
Checklist: November To-Dos for Homeowners
Tis the season of pumpkin pie and cooler weather. Stay warm (and productive) by catching up on indoor home maintenance. Here’s a honey-do list to get you started.
FAQs for First-Time Home Sellers
Are you a First-Time Home Seller? You may have a number of questions that can be easily answered in this FAQ. Click HERE to get started!
Plan Ahead to Avoid Home Buyer’s Remorse
Buying a home is a big investment, so you should take steps to avoid buyer’s remorse down the road. Here’s how to avoid several common sources of regret for many home buyers.
Beware of COVID-19 Contact Tracing Scams
Fraudsters are preying on people’s fear of COVID-19 by posing as contact tracers and scamming people out of their money or personal information. Here’s how to avoid falling prey to these schemes.