Cay Craig Home
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Expect the Unexpected: Anticipating Volatility in Today’s Housing Market
The housing market may be experiencing some shifts, but don’t let it stop you from making your move. With the support of an experienced real estate agent and a trusted lender, you’ll be ready to navigate the changes and make the most of the opportunities that come your way.
Let’s turn any uncertainty into your advantage, helping you move forward with confidence.
Expect the Unexpected: Anticipating Volatility in Today’s Housing Market You’ve probably noticed one thing if you’re thinking about making a move: the housing market feels a bit unpredictable right now.
Why You Need an Agent To Set the Right Asking Price
The #1 task sellers struggle with is setting the right asking price for their house. To make sure your house is priced to sell, you need an agent’s expertise. Let’s connect and find that sweet spot.
Here’s a powerful look at the net worth gap between homeowners and renters.
The latest data shows homeowners, on average, have nearly 40 times the net worth of renters.
That’s because owning a home helps build wealth over time thanks to rising home values and growing equity.
Let’s chat so I can help you see the financial benefits of buying instead of renting. And if homeownership feels out of reach right now, I can help you explore programs that can help too.
While the Federal Reserve doesn’t set mortgage rates, rates can be influenced by the Fed’s monetary policy. And all eyes are on their next move.
One of the things they’re looking at is the direction of inflation.
Since inflation has come down over the past year and is holding pretty steady right now, odds look good that they’ll continue to cut the Federal Funds Rate. And that should set the stage for mortgage rates to follow in the months ahead.
Is a Fixer Upper Right for You?
In today’s market, where the cost of homeownership can be intimidating, finding a move-in-ready home that fits your budget can feel like a real challenge. But if you’re open to putting in a little work, you can transform a fixer upper into your ideal home over time. Let’s explore what’s possible and find a place that'll work for you.
Is a Fixer Upper Right for You? Looking to buy a home but feeling like almost everything is out of reach?
Q&A: How Do Presidential Elections Impact the Housing Market?
Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market. When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices and sales increase the year after the election. The facts show Presidential elections only have a small and temporary impact on the housing market.
Q&A: How Do Presidential Elections Impact the Housing Market? Even if you’re not looking to move right away, you may have questions about how the election will impact the housing market.
Are you asking how the upcoming election is going to impact the housing market? Here are your answers.
Based on historical data, mortgage rates tend to decrease leading up to an election, while home prices and sales increase the year after the election.
DM me if you want more information.
Q&A: How Do Presidential Elections Impact the Housing Market
You may have questions about how the Presidential election will impact the housing market. Here are your answers.
Avoid These Top Homebuyer Mistakes in Today’s Market
No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.
That’s why partnering with a trusted agent is so important. Here’s a sneak peek at the most common missteps buyers are making in today’s market and how a great agent will help you steer clear of each one.
Trying To Time the Market
Many buyers are trying to time the market by waiting for home prices or mortgage rates to drop. This can be a really risky strategy because there’s so much at play that can have an impact on those things.
Buying More House Than You Can Afford
If you’re tempted to stretch your budget a bit further than you should, you’re not alone. A number of buyers are making this mistake right now.
Missing Out on Assistance Programs That Can Help
Saving up for the upfront costs of homeownership takes some careful...
Avoid These Top Homebuyer Mistakes in Today’s Market No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home.
Does the thought of buying or selling a home in today’s market make you feel a bit nervous? If so, you need to talk to an agent.
You shouldn’t have to feel worried or stressed about making a move – you should feel excited.
And with the right agent by your side, the process can be smooth, and even enjoyable. Let’s talk about how I can help your move be a confident one.
Homebuyers face challenges in any market – and today’s is no different. But, with the right agent partner, you can avoid the biggest mistakes other buyers are making right now.
DM me and let’s have a conversation about what to expect from today’s market and how I can help you avoid missteps that are going to cost you.
Why Your House Will Shine in Today’s Market
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.
What’s Causing the Shortage?
1. Underproduction of Homes
2. Rising Costs
3. Regional Imbalances
How Big Is the Problem?
According to estimates from Real Estate News, the U.S. is facing a housing shortfall of roughly 3.3 million homes, based on an average of several expert insights.
This shows there’s a significant number of homes that need to be built just to meet current demand from buyers. But what about future demand?
According to John Burns Research and Consulting (JBREC), over the next 10 years, the U.S. will need about 18 million new homes to meet projected demand, including homes for new households, second homes, and replacements...
Why Your House Will Shine in Today’s Market Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from.
How Long Will It Take To Sell Your House?
As you’re getting ready to sell your house, one of the first questions you’re probably asking is, “how long is this going to take?” And that makes sense—you want to know what to expect.
More Homes Are on the Market, and That’s Affecting How Long They Take To Sell
According to Realtor.com, the number of homes for sale has been going up this year. That means there are more options for buyers, which is great news for anyone looking to buy a home. But as a seller, it also means homes are staying on the market a bit longer now that buyers have more options to choose from.
But keep this in mind. While homes might not be selling as quickly as they did last year at this time, they’re still selling faster than they did in more normal years in the housing market, before the pandemic.
As NerdWallet explains: “Overall, though, demand still outpaces supply. This is hardly a mellow...
How Long Will It Take To Sell Your House? As you’re getting ready to sell your house, one of the first questions you’re probably asking is, “how long is this going to take?”
Debunking Scary Myths About Buying a Home
There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears.
Debunking Scary Myths About Buying a Home There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.
Why Today’s Foreclosure Numbers Won’t Trigger a Crash
With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments, leading to a wave of foreclosures.
But before you start worrying about a housing market crash, here’s a look at what’s really happening. And the good news is: the latest foreclosure data shows there’s no wave on the horizon.
How Today’s Market Is Different from 2008
Let’s ease those fears by looking at the bigger picture. There’s a big difference between what’s happening now, and what happened when the housing market crashed.
As an article from Bankrate explains: “In the years after the housing crash, millions of foreclosures flooded the housing market, depressing prices. That’s not the case now. Most...
Why Today’s Foreclosure Numbers Won’t Trigger a Crash With everything feeling more expensive these days, it’s natural to worry about how rising costs might impact the housing market.
Debunking Scary Myths About Buying a Home
Don’t let scary myths delay your homebuying dreams. Let's connect so you have a pro to help you separate fact from fiction.
Some people are worried that higher costs for everything from gas to groceries will put a pinch on homeowners and lead to a wave of foreclosures hitting the market.
But the latest data helps ease those concerns. Foreclosure activity is still far below levels seen during the last crash.
There's no wave of foreclosures on the horizon. This is just one reason why we’re not headed for a repeat of 2008.
Homes are still selling faster than they did pre-pandemic, even though the number of days they’re on the market is higher than it was last year.
With the right strategies and the right agent partner, you could sell even faster than today’s norm. DM me to talk through what we can do to make sure your house stands out.
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6846 Morrison Boulevard
Charlotte, NC
28211
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