by Stig Bergquist | Jan 3, 2025 | Market Trends, Market Updates
The commercial real estate (CRE) market is a dynamic and often unpredictable sector, influenced by economic, political, and technological shifts. Whether you’re an investor, developer, property manager, or tenant, adapting to changes in the market is crucial for...
by Stig Bergquist | Dec 12, 2023 | Advice for Buyers and Sellers, Housing Market Updates, Market Updates, Real Estate Market
Equity Will Grow Many experts expect home prices to continue to increase in 2024, but not by much. Freddie Mac thinks that 0.8% will be the growth rate, and the National Association of Realtors has pegged the number at 2.6%. Remember that these are only predictions....
by Stig Bergquist | Dec 12, 2023 | Housing Market Updates, Interest Rates, Market Updates, Real Estate Market
Let’s chat about one of the significant trends in the real estate market right now: mortgage interest rates. Lenders charge that percentage of your loan amount as an interest fee. In 2021, the average mortgage interest rate was lower than ever. But guess what? It’s...
by Stig Bergquist | Oct 19, 2023 | Home Value, Housing Market Updates, Market Trends, Market Updates
Key Takeaways The amount of homes actively for sale is down 4.0% compared to last year. The quantity of unsold homes, including homes that are under contract, is lower by 7.2% compared to last year. There are 9.1% less newly listed homes compared to last year. There...
by Stig Bergquist | Sep 17, 2023 | Home Value, Housing Market Updates, Interest Rates, Market Trends, Market Updates
Time for your monthly dive into the housing market trends for August 2023. Let’s break it down in a more casual, easy-to-digest manner: Homes Up for Grabs: There were 7.9% fewer homes up for sale compared to last year. Yep, it’s a bit of a decrease. ...
by Stig Bergquist | Jul 31, 2023 | Market Updates, Pricing, Sellers
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of...
Recent Comments