Posts from: Market Insight
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by Brad Cox 02/5/2023
We’ve rounded up six trends that we think will influence interior design in 2023, as well as ideas for how you might incorporate them in your own home. Remember, before taking action, it’s always wise to consult with a real estate professional to understand how specific…
by Brad Cox 11/8/2022
Here are some crucial steps you can take to set yourself up for success as a home seller in this market.
by Brad Cox 07/4/2022
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all…
by Brad Cox 03/1/2022
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of…
by Brad Cox 01/10/2022
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021. So what’s ahead for the U.S. housing market in 2022? Here’s where industry…
by Brad Cox 12/15/2021
Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale. Given the limited number of available properties, if you’re a buyer in today’s market, you may need to expand your search to include both new construction and resale homes. But it…
by Brad Cox 08/2/2021
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise…
by Brad Cox 07/2/2021
Whether you’re a buyer or a seller, it’s never been more important to understand the appraisal process and how it can be impacted by a quickly appreciating and highly competitive housing market. It’s also crucial to work with a skilled real estate agent who can guide…
by Brad Cox 06/3/2021
If you’re a homeowner, it’s important for you to understand how your home’s value contributes to your overall net worth. If you’re a renter or first-time buyer, now is the time for you to figure out how homeownership fits into your short-term goals and your…
by Brad Cox 03/2/2021
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last?
by Brad Cox 11/4/2020
Without a doubt, “2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said. And he’s right: most of us would have expected the housing market…
by Brad Cox 06/2/2020
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume…