Posts from April 2023

Are you feeling like your current home no longer meets your needs? According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. A lot can change in a decade, and what was once the perfect home might no longer fit your lifestyle or needs. If this hits home for you, it may be time to consider making a move.

Here are some common reasons homeowners consider selling their current home:

- Wanting to move closer to friends or family

- Moving due to retirement

- Home is too small or too large

- Change in family situation

- Job relocation 

If any of these apply to you, it might be time to make a move. And there's good news: it's still a great time to sell.

The housing market is currently experiencing a strong sellers' market. This means that homes listed at...

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The real estate market of 2023 has been facing a unique challenge - low inventory. This means there aren't enough homes for sale to meet the growing demand of buyers, which has only gotten worse during the craziness of 2020. While inventory has been moving upward since May 2022, the number of active home listings in November 2022 was still around 38% lower than the pre-2020 levels of November 2017-2019.

This trend has a significant impact on both buyers and sellers. For buyers, it means that the best homes will likely be snatched up fast. With most homes spending only 56 days on the market in November 2022, which is 18 days less than typical pre-2020 levels, you need to be on your toes when house hunting.

If you want to find a good home in this slim market, it's essential to sacrifice some wants for your must-haves. You may have to find the least expensive home in the best neighborhood you can afford and upgrade over time. You can also expand your search to find gems...

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