The old days of scrubbing your dirty laundry on a washboard along the riverbed are long gone. Today, many homeowners are lucky to have their laundry rooms indoors and many are state-of-the-art. For example, when creating an up

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited

Some HighlightsToday’s strong sellers’ market is the direct result of high demand and low supply.Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home constru

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the i

Are you looking to buy a home? If so, we’ve got good news for you.While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a bu

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.Generally speaking, when rates are low, you ca

Some highlights wit a housing market this competitive, sometimes you have to think outside the box.Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other option

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief.Odeta Kushi, Deputy Chief E

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading t

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want

When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for you

Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house.That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be

If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchas

Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options.Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home

In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported:“60% of people who were looking to buy a home in 2020 said they’d prefer new con

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes:“Beyond

Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question yo

Selling Your House? Make Sure You Price It Right. There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Re

looking to invest in the housing and rentals market, one of the hottest places in the country is Virginia. It's well known for being the first English settlement in the country and for producing eight U.S. Presidents.