Does Your House Have What Buyers Want?
Worrell Thomas Worrell Thomas

Does Your House Have What Buyers Want?

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with

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What Does the Future Hold for Home Prices?
Worrell Thomas Worrell Thomas

What Does the Future Hold for Home Prices?

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall?

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Sellers: Your House Could Be an Oasis for Buyers Seeking More Options.
Worrell Thomas Worrell Thomas

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options.

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, a neutral market typically features..

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What Do Supply and Demand Tell Us About Today’s Housing Market?
Worrell Thomas Worrell Thomas

What Do Supply and Demand Tell Us About Today’s Housing Market?

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, when demand is very high and supply is very low, prices can…

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

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 the horizon?

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Save Time and Effort by Selling with an Agent.
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Save Time and Effort by Selling with an Agent.

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 of the reasons why the percentage of people selling their own house has declined from 19%…

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Don’t Wait To Sell Your House.
Worrell Thomas Worrell Thomas

Don’t Wait To Sell Your House.

We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like…

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

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 they could offer and still get the home. As a result…

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Why This Is Not Like 2008 Again.
Worrell Thomas Worrell Thomas

Why This Is Not Like 2008 Again.

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 and…

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Why You May Want To Cash in on Your Second Home.
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Why You May Want To Cash in on Your Second Home.

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…

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

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

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 favor and higher-priced home sales powering…

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Where Do Experts Say the Housing Market Is Heading?
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Where Do Experts Say the Housing Market Is Heading?

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will…

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3 Things To Prioritize When Selling Your House.
Worrell Thomas Worrell Thomas

3 Things To Prioritize When Selling Your House.

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are…

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Sellers Are Ready To Enter the Housing Market.
Worrell Thomas Worrell Thomas

Sellers Are Ready To Enter the Housing Market.

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may…

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Don’t Forget to Budget for Closing Costs.
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Don’t Forget to Budget for Closing Costs.

When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important…

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