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How To Navigate a Market Where Multiple Offers Is the New Normal

By Marie Miller and Vera Jacques | March 10, 2022

How To Navigate a Market Where Multiple Offers Is the New Normal | Simplifying The MarketIf you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast […]

Key Factors That Impact Affordability Today

By Marie Miller and Vera Jacques | March 9, 2022

Key Factors That Impact Affordability Today | Simplifying The MarketYou can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, […]

How Global Uncertainty Is Impacting Mortgage Rates

By Marie Miller and Vera Jacques | March 8, 2022

How Global Uncertainty Is Impacting Mortgage Rates | Simplifying The MarketIf you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since […]

Why It’s Critical To Price Your House Right

By Marie Miller and Vera Jacques | March 7, 2022

Why It’s Critical To Price Your House Right | Simplifying The MarketWhen you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors […]

Supply and Demand in Today’s Market [INFOGRAPHIC]

By Marie Miller and Vera Jacques | March 4, 2022

Some Highlights

Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
For buyers, expect competition, be ready to move fast, and be prepared to submit your stro…

Are Home Prices Continuing To Rise?

By Marie Miller and Vera Jacques | March 3, 2022

Are Home Prices Continuing To Rise? | Simplifying The MarketMany analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% […]

Down Payment Assistance Programs Can Help You Achieve Homeownership

By Marie Miller and Vera Jacques | March 2, 2022

Down Payment Assistance Programs Can Help You Achieve Homeownership | Simplifying The MarketFor many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For […]

An Expert Advisor Will Give You the Best Advice in Today’s Market

By Marie Miller and Vera Jacques | March 1, 2022

An Expert Advisor Will Give You the Best Advice in Today’s Market | Simplifying The MarketHaving an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts […]

Millennials: Do You Need a Home with More Space?

By Marie Miller and Vera Jacques | February 28, 2022

Millennials: Do You Need a Home with More Space? | Simplifying The MarketIf you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the […]

The Difference Between Renting and Owning [INFOGRAPHIC]

By Marie Miller and Vera Jacques | February 25, 2022

Some Highlights

If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can l…

The #1 Reason To Sell Your House Today

By Marie Miller and Vera Jacques | February 24, 2022

The #1 Reason To Sell Your House Today | Simplifying The MarketAlmost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing […]

How Supply and Demand Can Impact Your Buying and Selling Goals

By Marie Miller and Vera Jacques | February 23, 2022

How Supply and Demand Can Impact Your Buying and Selling Goals | Simplifying The MarketIn today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that […]

The Perks of Owning More Than One Home

By Marie Miller and Vera Jacques | February 22, 2022

The Perks of Owning More Than One Home | Simplifying The MarketMany things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and flexi-hours took hold in 2021, so too did the […]

Real Estate Voted the Best Investment Eight Years in a Row

By Marie Miller and Vera Jacques | February 21, 2022

Real Estate Voted the Best Investment Eight Years in a Row | Simplifying The MarketIn an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

By Marie Miller and Vera Jacques | February 18, 2022

Some Highlights

There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home.
Buyers are motivated to beat rising mortgage rates, and many want …

4 Simple Graphs Showing Why This Is Not a Housing Bubble

By Marie Miller and Vera Jacques | February 17, 2022

4 Simple Graphs Showing Why This Is Not a Housing Bubble | Simplifying The MarketA recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing […]

More People Are Planning To Buy a Home Soon

By Marie Miller and Vera Jacques | February 16, 2022

More People Are Planning To Buy a Home Soon | Simplifying The MarketWhile some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their […]

What Every Seller Needs To Know About Renovating This Year

By Marie Miller and Vera Jacques | February 15, 2022

What Every Seller Needs To Know About Renovating This Year | Simplifying The MarketIf you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things […]

Are You Ready To Fall in Love with Homeownership?

By Marie Miller and Vera Jacques | February 14, 2022

Are You Ready To Fall in Love with Homeownership? | Simplifying The MarketFinancial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own your home, you likely feel a sense of emotional attachment because of the comfort it provides, but also because […]

How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]

By Marie Miller and Vera Jacques | February 11, 2022

Some Highlights

Even in today’s sellers’ market, there are still ways for buyers to win big.
Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by gett…

Want Top Dollar for Your House? Now’s the Time To List It.

By Marie Miller and Vera Jacques | February 10, 2022

Want Top Dollar for Your House? Now’s the Time To List It. | Simplifying The MarketWhen you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s […]

The Path To Homeownership Can Be Steeper for Some Americans

By Marie Miller and Vera Jacques | February 9, 2022

The Path To Homeownership Can Be Steeper for Some Americans | Simplifying The MarketAs we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. It’s an […]

Don’t Let Student Loans Delay Your Homeownership Dreams

By Marie Miller and Vera Jacques | February 8, 2022

Don’t Let Student Loans Delay Your Homeownership Dreams | Simplifying The MarketIf you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you the answers […]

Consumers Agree: It’s a Good Time To Sell

By Marie Miller and Vera Jacques | February 7, 2022

Consumers Agree: It’s a Good Time To Sell | Simplifying The MarketIn today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move. However, recent data […]

How Remote Work Impacts Your Home Search [INFOGRAPHIC]

By Marie Miller and Vera Jacques | February 4, 2022

Some Highlights

If your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open up new possibilities for your home search.
Ongoing remote work could give you the chance for a change in scenery,…

Millions of Americans Have Discovered the Benefits of Multigenerational Households

By Marie Miller and Vera Jacques | February 3, 2022

Millions of Americans Have Discovered the Benefits of Multigenerational Households | Simplifying The MarketIf your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the […]

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

By Marie Miller and Vera Jacques | February 2, 2022

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading | Simplifying The MarketMortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase […]

Why a Move Could Bring You More Happiness This Year

By Marie Miller and Vera Jacques | February 1, 2022

Why a Move Could Bring You More Happiness This Year | Simplifying The MarketOver the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve […]

Owning Is More Affordable than Renting in the Majority of the Country

By Marie Miller and Vera Jacques | January 31, 2022

Owning Is More Affordable than Renting in the Majority of the Country | Simplifying The MarketIf you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 […]

Why Your Home Inspection Matters [INFOGRAPHIC]

By Marie Miller and Vera Jacques | January 28, 2022

Some Highlights

Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision.
Your home inspection is a crucial step in the homebuying process. It assesses the condition of …

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

By Marie Miller and Vera Jacques | January 27, 2022

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers | Simplifying The MarketIf you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. […]

Are You a Homeowner Thinking About Climate Change?

By Marie Miller and Vera Jacques | January 26, 2022

Are You a Homeowner Thinking About Climate Change? | Simplifying The MarketAmericans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com: “More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their homes, . . .” The study also found that many existing […]

The Next Generation of Homebuyers Is Here

By Marie Miller and Vera Jacques | January 25, 2022

The Next Generation of Homebuyers Is Here | Simplifying The MarketMany members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the sooner you can move on from renting. As you […]

Why Pre-Approval Is Key for Homebuyers in 2022

By Marie Miller and Vera Jacques | January 24, 2022

Why Pre-Approval Is Key for Homebuyers in 2022 | Simplifying The MarketYou may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional […]

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

By Marie Miller and Vera Jacques | January 21, 2022

Some Highlights

According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row.
Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real esta…

Buyers Want To Know: Why Is Housing Supply Still So Low?

By Marie Miller and Vera Jacques | January 20, 2022

Buyers Want To Know: Why Is Housing Supply Still So Low? | Simplifying The MarketOne key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are […]

With Mortgage Rates Climbing, Now’s the Time To Act

By Marie Miller and Vera Jacques | January 19, 2022

With Mortgage Rates Climbing, Now’s the Time To Act | Simplifying The MarketLast week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been […]

Sellers: Don’t Wait Until Spring To Make Your Move

By Marie Miller and Vera Jacques | January 18, 2022

Sellers: Don’t Wait Until Spring To Make Your Move | Simplifying The MarketAs you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know […]

Achieving the Dream of Homeownership

By Marie Miller and Vera Jacques | January 17, 2022

Achieving the Dream of Homeownership | Simplifying The MarketHomeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and flourish. Today, we remember the legacy of Dr. Martin Luther King, […]

When Is the Right Time To Sell [INFOGRAPHIC]

By Marie Miller and Vera Jacques | January 14, 2022

Some Highlights

If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market.
The latest data indicates home showings are rising. There are more buyers than homes for…

What’s Going To Happen with Home Prices This Year?

By Marie Miller and Vera Jacques | January 13, 2022

What’s Going To Happen with Home Prices This Year? | Simplifying The MarketAfter almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. […]

Two Ways Homebuyers Can Win in Today’s Market

By Marie Miller and Vera Jacques | January 12, 2022

Two Ways Homebuyers Can Win in Today’s Market | Simplifying The MarketIf your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act Early and Save The earlier […]

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

By Marie Miller and Vera Jacques | January 11, 2022

Why Inflation Shouldn’t Stop You from Buying a Home in 2022 | Simplifying The MarketIf you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during […]

Real Estate Professionals Are Experts at Keeping You Safe When You Sell

By Marie Miller and Vera Jacques | January 10, 2022

Real Estate Professionals Are Experts at Keeping You Safe When You Sell | Simplifying The MarketIf you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of buyers and sellers during the pandemic. Today, they’re seasoned experts, not just in the art of buying and selling homes, […]

How To Hit Your Homebuying Goals This Year [INFOGRAPHIC]

By Marie Miller and Vera Jacques | January 7, 2022

Some Highlights

If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals.
It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your sea…

There Won’t Be a Wave of Foreclosures in the Housing Market

By Marie Miller and Vera Jacques | January 6, 2022

There Won’t Be a Wave of Foreclosures in the Housing Market | Simplifying The MarketWhen mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago. […]

Why Waiting To Sell Your House Could Cost You a Small Fortune

By Marie Miller and Vera Jacques | January 5, 2022

Why Waiting To Sell Your House Could Cost You a Small Fortune | Simplifying The MarketMany homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house […]

Avoid the Rental Trap in 2022

By Marie Miller and Vera Jacques | January 4, 2022

Avoid the Rental Trap in 2022 | Simplifying The MarketAre you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 […]

How Much Do You Need for Your Down Payment?

By Marie Miller and Vera Jacques | January 3, 2022

How Much Do You Need for Your Down Payment? | Simplifying The MarketAs you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common […]

Here’s to a Wonderful 2022!

By Marie Miller and Vera Jacques | December 31, 2021

 

Why Selling Your House with a Real Estate Professional Is Essential

By Marie Miller and Vera Jacques | December 30, 2021

Why Selling Your House with a Real Estate Professional Is Essential | Simplifying The MarketSelling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National […]

Expert Insights on the 2022 Housing Market

By Marie Miller and Vera Jacques | December 29, 2021

Expert Insights on the 2022 Housing Market | Simplifying The MarketAs we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in […]

5 Tips for Making Your Best Offer on a Home

By Marie Miller and Vera Jacques | December 28, 2021

5 Tips for Making Your Best Offer on a Home | Simplifying The MarketAs a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Know Your Budget Knowing your budget and what you can afford […]

Key Things To Avoid After Applying for a Mortgage

By Marie Miller and Vera Jacques | December 27, 2021

Key Things To Avoid After Applying for a Mortgage | Simplifying The MarketOnce you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or make any major life changes, be sure […]

Thank You for All of Your Support

By Marie Miller and Vera Jacques | December 24, 2021

 

When a House Becomes a Home

By Marie Miller and Vera Jacques | December 23, 2021

When a House Becomes a Home | Simplifying The MarketIt’s clear that owning a home makes financial sense. But lately, the emotional side of what drives homeownership is becoming increasingly important. No matter the living space, the feeling of a home means different things to different people. Whether it’s a familiar scent or a favorite chair, the feel-good connections to our own homes can […]

The Perks of Putting 20% Down on a Home

By Marie Miller and Vera Jacques | December 22, 2021

The Perks of Putting 20% Down on a Home | Simplifying The MarketIf you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it 20% of the loan, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as 3.5%, it’s important to understand the […]

The Average Homeowner Gained $56,700 in Equity over the Past Year

By Marie Miller and Vera Jacques | December 21, 2021

The Average Homeowner Gained over $56,700 in Equity over the Past Year | Simplifying The MarketWhen you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is […]

Homebuyers: Be Ready To Act This Winter

By Marie Miller and Vera Jacques | December 20, 2021

Homebuyers: Be Ready To Act This Winter | Simplifying The MarketTo succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every buyer should keep their eyes on: “Going forward, the conditions buyers face are primarily dependent on two things: mortgage […]

2022 Housing Market Forecast [INFOGRAPHIC]

By Marie Miller and Vera Jacques | December 17, 2021

Some Highlights

What does the coming year hold for the housing market? Here’s what experts project for 2022.
Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capita…