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market updates

New Build or Existing Home: Which One Is Right for You?

November 3, 2021 in First Time Home Buyers, Home Buying, Home Ownership, MARKET UPDATES

Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to…

How to Bridge the Appraisal Gap in Today’s Real Estate Market

July 1, 2021 in Community News, First Time Home Buyers, Home Buying, Home Selling

If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding…

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