Posts Tagged ‘appreciation’
4 Small Changes That Can Add Major Value To Your Home
When it comes to selling your home, obviously you want to do everything you can on your end to add value to your home and secure the highest offer. But while you might automatically assume that major added value comes from major renovations, sometimes it’s the small things that add up ending the most value…
Read More5 Reasons To Sell Your House This Spring!
Here are five compelling reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now!…
Read MoreThink Buying A Home Will Be More Affordable In 2019? Think Again.
There’s no denying that it’s tough out there for buyers. The inventory shortage has created a market that’s more competitive than normal. As a potential buyer, you might be thinking “I should probably wait until next year to make a move.” But if you want to get the best deal on a home, you should…
Read MoreMoving Up to Your Cary Dream Home? Don’t Wait!
Across the Raleigh Triangle buyer confidence remains extremely strong. Inventory and time on market varies with location and price point but two facts hold true: homes are selling fast and prices continue to rise. Homes are selling particularly fast in and around the 27519 zip code and with the revelation that Apple may be coming…
Read MoreSell My House In Cary | House Prices: Simply a Matter of Supply & Demand
Why are Cary, NC home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount of a commodity, product, or service available…
Read MoreHow Rising Prices Will Help You Build Family Wealth in 2018
Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchases and closes on a $250,000 home this…
Read MoreWhat is the Cost of Waiting Until Next Year to Buy?
Over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six…
Read MoreThinking of Selling? You Should Do It TODAY!!
That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking, and Lawrence Yun, Chief…
Read MoreThe Truth About Homeowner Equity
A recent article published on CNBC.com was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want to bring better clarity to the…
Read MoreA Tale of Two Markets: A 6-Month Update
Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In the premium, or luxury,…
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