by Stig Bergquist | Jul 8, 2022 | Housing Market Updates, Market Trends, Pricing, Selling A Home
Photo by Luke Chesser on Unsplash You may have heard that in June the inventory of homes for sale increased. While this is true the total inventory of unsold homes declined by 1.4% because of a decline in pending inventory. When compared to June 2020 listings were...
by Stig Bergquist | Apr 14, 2022 | DIY, Market Trends, Remodelling, Work From Home
We have all seen it now. With social distancing and working from home, watching straight-faced news anchors broadcast from their homes, in front of their decorative rock collections, their wedding photos, and their psychedelic posters. Recently the Wall Street Journal...
by Stig Bergquist | Jan 13, 2022 | Buying a Home, Housing Market Updates, Market Trends, Pricing
Timing is everything: Very often, a seller asks, “We can always come down later — right?” Historically when your house goes on the market, the most significant potential for buyer traffic is in the first 30 days, by pricing it high to drop the price later. Showings...
by Stig Bergquist | Aug 9, 2021 | Economic Factors, Housing Market Updates, Market Trends
The housing experts are predicting that the current housing boom will flatten in 2022—or possibly early 2023—when mortgage interest rates rise. The current boom in the last 12-18 months produced some frantic buying, bids in excess of asking prices, and plenty of worry...