Real Estate

In recent years, there’s been a significant shift in how wealth is
distributed among generations. It’s called the Great Wealth Transfer.

Over the past couple of years, a lot of people have had a hard time buying
a home. And while affordability is still tight, there are signs it’s
getting a little better and might keep improving throughout the rest of the
year. Lawrence Yun, Chief Economist at the National Association of Realtors
(NAR), says:

If you’re thinking about selling your house, it’s important to know what
the home inspection is and what inspectors look for. As supply grows and
buyers regain negotiation power, you may find you want to do some select
repairs with a good return on investment before listing to get ahead of
things a buyer may ask you to fix. To decide what’s worth tackling, you
need expert advice. Let’s chat so you know what to prioritize.

One of the biggest bright spots in today’s housing market is how much the
supply of homes for sale has grown since the beginning of this year. 

If you’re planning to sell your house and move, you probably know there’s
been a shortage of options available. But here’s the good news: the supply
of homes for sale has grown in a lot of markets this year – and that’s not
just existing, or previously-owned, homes. It’s true for newly built homes
too.

Mortgage rates have been one of the hottest topics in the housing market
lately because of their impact on affordability. And if you’re someone
who’s looking to make a move, you’ve probably been waiting eagerly for
rates to come down for that very reason. Well, if the past few weeks are
any indication, you may be getting your wish.

If you haven’t already heard, homebuyers are regaining some negotiating
power in today’s market. And while that doesn’t make this a buyer’s market,
it does mean buyers may be able to ask for a little more. So, sellers need
to be ready for that possibility and know what they’re willing to
negotiate.