by Brent Knapp | For Sellers, Housing Market Updates, Infographics
Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Interest Rates
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and...
by Brent Knapp | Demographics, For Sellers, Housing Market Updates, Selling Myths
Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.The...
by Brent Knapp | For Sellers, Housing Market Updates, Infographics, Selling Myths
Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If...
by Brent Knapp | For Sellers, Housing Market Updates, Selling Myths
There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about...
by Brent Knapp | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...