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Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April,…
The Huntley Owen Team
In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season.
The Huntley Owen Team
Are you ready for a major change? If so, moving to a new home may have crossed your mind. Something else that you might have considered: starting your own business. When you get the idea for these two things at the same time, you’ve got your work cut out for you. But,…
The Huntley Owen Team
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing...
The Huntley Owen Team
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of...
The Huntley Owen Team
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a...
The Huntley Owen Team
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity.
The Huntley Owen Team
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale.However, many homeowners are concerned that selling their homes could be challenging for several reasons...
The Huntley Owen Team
In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it...
The Huntley Owen Team
Looking for something to do this weekend?
How about touring brand new homes?!
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The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed...
The Huntley Owen Team
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable...
The Huntley Owen Team
