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Why Waiting to Buy a Home Could Cost You a Small Fortune

Strock Real Estate Property Photo 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…

Patience Is the Key to Buying a Home This Year

Strock Real Estate Property The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real…

The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Strock Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determining how much you’re qualified to borrow.Being pre-approved…

Experts Say Home Prices Will Continue to Appreciate

Strock Real Estate Property Photo It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash…

4 Big Incentives for Homeowners to Sell Now

Strock Real Estate Property Photo The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of…

3 Graphs Showing Why You Should Sell Your House Now

Strock Real Estate Property Photo There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving…

Are There Going to Be More Homes to Buy This Year?

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low – the lowest point recorded since NAR began tracking this metric in 1982. There are, however, more homes expected to hit the market later this year. Let’s break down the three key places they’ll likely come from as 2021 continues on.

How Much Leverage Do Today’s House Sellers Have?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for sale is down 25.7%. There are 360,000 fewer single-family homes for sale today than there were at this time last year. This increase in demand coupled with such limited supply is leading to more bidding wars throughout the country.

There’s No Reason To Panic Over Today’s Lending Standards

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing fear that we’re returning to the bad habits seen 15 years ago. Let’s alleviate these concerns.

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund.