Posts from May 2023
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Today's Real Estate Market: The 'Unicorns' Have Galloped Off
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That's due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared.
Comparing this year's numbers to the two 'unicorn' years we just experienced is almost worthless. By 'unicorn,' this is the less common definition of the word:
"Something that is greatly desired but difficult or impossible to find."
The pandemic profoundly changed real estate over the last few years. The demand...
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What You Need To Know About Home Price News
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report
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Why Buying a Vacation Home Beats Renting One This Summer
For many of us, visiting the same vacation spot every year is a summer tradition that's fun, relaxing, and restful. If that sounds like you, now's the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According to Forbes:
". . . if the idea of vacationing at the same place every year makes you feel instantaneously relaxed, buying a vacation home might be a wise move
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Want To Sell Your House This Spring? Price It Right.
Over the last year, the housing market's gone through significant change. While it's still a sellers' market, homes that are priced right are selling, and they get the most attention from buyers right now. If you're thinking of selling your house this spring, it's important to lean on your expert real estate advisor when it comes to setting a list price. As Realtor.com explains:
"Move-i...