Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them.
The post The #1 Reason Not to Wait to List Your House for Sale appeared first on Keeping Current Matters.
Some Highlights
If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you?
New construction is on the rise, so it’s a great time to think about a custom home to fit you...
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83.
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Finding the right home to purchase today is one of the biggest challenges for potential buyers.
The post Should You Buy an Existing Home or New Construction? appeared first on Keeping Current Matters.
In today’s economy, everyone seems to be searching for signs that a recovery is coming soon.
The post Are New Homes Going to Be Available to Buy This Year? appeared first on Keeping Current Matters.
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months.
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If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news.
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The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale.
The post The #1 Reason It Is Difficult to Find Your Dream Home appeared first on Keeping Current Matters.
In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’s a look at the two surprising things buyers seem to be searching for in today’s market, and how they’re impacting new home builds.
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When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams.
The post Planning on Buying a Home? Be Sure You Know Your Options. appeared first on Keeping Current Matters.
