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Monthly Archives: June 2021

    What Do Experts See on the Horizon for the Second Half of the Year?

    By Admin MG | June 30, 2021

    As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on... Read More

    Save Time and Effort by Selling with an Agent

    By Admin MG | June 28, 2021

    Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s one... Read More

    Homeowner Wealth Increases Through Growing Equity This Year

    By Admin MG | June 25, 2021

    Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making... Read More

    Demand for Vacation Homes Is Still Strong

    By Admin MG | June 24, 2021

    The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more... Read More

    Why This Is Not Like 2008 Again

    By Admin MG | June 10, 2021

    During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small... Read More

    Home Price Appreciation Is as Simple as Supply and Demand

    By Admin MG | June 9, 2021

    Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for... Read More

    In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

    By Admin MG | June 8, 2021

    For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price... Read More

    Why You May Want To Cash in on Your Second Home

    By Admin MG | June 7, 2021

    When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of... Read More

    Dreaming of a Bigger Home? Why Not Buy It This Year?

    By Admin MG | June 3, 2021

    Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their... Read More

    What’s Motivating People To Move Right Now?

    By Admin MG | June 2, 2021

    This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces. According to the 2020 Annual National Movers... Read More