by douglindstrom | May 25, 2021 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months...
by douglindstrom | Oct 16, 2020 | Musings & Ramblings, Our Services, Your Advantage, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the...
by douglindstrom | Oct 9, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
Some Highlights If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you? New construction is on the rise, so it’s a great time to think about a custom home to fit your family’s...
by douglindstrom | Oct 6, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers, Your Home- Trends, Tips & Ideas
Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don’t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a single-story home. You’ve...
by douglindstrom | Oct 1, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers
A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters...
by douglindstrom | Sep 29, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend...
by douglindstrom | Sep 22, 2020 | Interest Rates & Mortgage Data, Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest...
by douglindstrom | Sep 15, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an...
by douglindstrom | Aug 26, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers
Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a...
by douglindstrom | Aug 24, 2020 | Interest Rates & Mortgage Data, Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find...
by douglindstrom | Aug 21, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers
Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you...
by douglindstrom | Aug 13, 2020 | Interest Rates & Mortgage Data, Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers
Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as...
by douglindstrom | Aug 6, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my...
by douglindstrom | Aug 4, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of...
by douglindstrom | Jul 28, 2020 | Musings & Ramblings, Our Services, Your Advantage, Tips & Tools for Home Buyers
In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in...
by douglindstrom | Jul 13, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so...
by douglindstrom | Jul 7, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers
Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their...
by douglindstrom | Jun 30, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers
In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out...
by douglindstrom | Jun 29, 2020 | Market Statistics, Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their...
by douglindstrom | Jun 22, 2020 | Musings & Ramblings, Tips & Tools for Home Buyers, Tips & Tools for Home Sellers
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners...