‘This Isn’t a Bubble’

‘This Isn’t a Bubble’: Buyers may be showing concern that the market is overheating. But economists say this isn’t 2006, despite the skyrocketing prices.

What People Love and Hate About Their Home

What People Love and Hate About Their Home: From the paint colors to the layout and location, homeowners cite what makes them most content with their property.

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

 

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

Some Highlights

• In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
• When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack of supply.”
• Today’s housing market is healthy, and rising prices are driven by real buyer demand. Let’s connect to talk about the best ways to navigate such an energetic market.

New-home Sales Reach 15-year High

New-home Sales Reach 15-year High: However, builders are facing financial challenges because of rapidly rising lumber prices, which have more than doubled in a year.

‘I’ve Never Seen a Market This Hot’

‘I’ve Never Seen a Market This Hot’: Home prices are rising quickly, bidding wars are common, and housing shortages abound: It’s not easy to be a home buyer this spring.

Housing Starts Surge, But Is It Enough to Meet Demand?

Housing Starts Surge, But Is It Enough to Meet Demand?: Trade-up buyers who are purchasing newly constructed homes may finally be offloading their starter properties, bringing relief to the inventory-starved market.

Home Is Where the Heart Is [INFOGRAPHIC]

 

Home Is Where the Heart Is [INFOGRAPHIC]

Some Highlights

• There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year.
• The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic.
• Owning a home provides a sense of safety, security, and accomplishment. Let’s connect to move your homeownership goals forward today.