by Jamie Saylor | Oct 18, 2021 | For Sellers, Housing Market Updates
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective,...
by Jamie Saylor | Oct 14, 2021 | For Sellers, Housing Market Updates, Selling Myths
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is...
by Jamie Saylor | Oct 12, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If...
![What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]](http://saylorloanteam.com/wp-content/uploads/2021/10/20211008-KCM-Share-549x300-1.png)
by Jamie Saylor | Oct 8, 2021 | For Sellers, Housing Market Updates, Infographics, Interest Rates, Millennials, New Construction
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in...
by Jamie Saylor | Oct 7, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
by Jamie Saylor | Oct 6, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
There’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,...
