Home Prices Highest Since 2006

Home prices continued to increase in February, reaching the highest annual gain since April 2006, as demand continues to clash with historically low supply. These factors have created increased affordability challenges, especially as mortgage rates also begin to rise. CoreLogic analysis also shows homebuyers have steadily moved away from densely populated, high-cost coastal areas in favor ofContinue reading “Home Prices Highest Since 2006”

Real Estate Partnerships: Avoid Ishtar

The following is a link to a great little article I found on Bigger Pockets about the importance of thoughtfully selecting your partner (or whether you need a partner) for your real estate investments. Why do some partnerships work and others don’t? It turns out there’s a common thread among successful partnerships. Successful partners recognizeContinue reading “Real Estate Partnerships: Avoid Ishtar”

Builder Confidence Slipping

Despite high buyer traffic and strong demand, builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower. The latest NAHB/Wells Fargo Housing Market Index (HMI) released today shows that builder confidence in the market for newly built single-family homes fell two points to 82 in March. “Though builders continueContinue reading “Builder Confidence Slipping”

COVID Vax Rollout a Potential Boon for Real Estate

I get asked all the time why I think so few people are selling their houses right now. My answer is simple: COVID. RIS Media agrees with me. Read on for more…. The housing market is still buzzing from the 2020 surge of activity, but several agents and brokers are hopeful that a vaccinated populationContinue reading “COVID Vax Rollout a Potential Boon for Real Estate”

Ready to buy a home? A checklist for consumers.

Buying a home is both exhilarating and scary. It means you are setting down roots and ready for the next chapter in life. On the other hand, it also means you’re taking on the largest debt you’ll possibly ever have to pay. The financial realities of preparing to buy a home can come with aContinue reading “Ready to buy a home? A checklist for consumers.”