by Susanne Novak | Mar 29, 2021 | Market Updates
The February 2021 housing report offers bleak news for buyers. Strong buyer demand has pushed the average sales price 13.4% higher. We suffer from record low inventories leading to a decline in sales of 2.9%. Pending contracts plummeted by a stunning 11.9% which will...
by Susanne Novak | Mar 15, 2021 | Seller Tips
In today’s low-inventory market most listings sell in just a few days for more than asking price. If homes sell in no time why should you hire a Realtor and pay 6% in commissions? The thought of saving money by cutting out the Realtor is tempting. However,...
by Susanne Novak | Feb 22, 2021 | Market Updates
In January, home sales increased by 10.4% while new listings declined by 9.1%. Are we facing a future with absolutely no inventory for sale? This chart shows how the inventory has dropped over the past 10 years. In January, the number of home sales surpassed active...
by Susanne Novak | Feb 1, 2021 | Seller Tips
In today’s hot sellers’ market, you may be tempted to cut out the Realtor and try “For Sale by Owner” (FSBO). For most homeowners this is a mistake. You will likely lose money, experience high levels of stress, elevate your blood pressure, grow lots...
by Susanne Novak | Jan 25, 2021 | Covid, Market Updates
The 2020 housing market broke all records. After a short interruption due to Covid related lockdowns, real estate staged a remarkable comeback in the second half of the year. Despite of Covid, Realtors sold more homes in less time at higher prices than ever before. In...
