by Susanne Novak | Dec 13, 2021 | Trends
Many organizations are publishing forecasts this time of the year. I review most of them so I can help my clients make smart decisions when they buy or sell next year. Here’s a summary of the most important trends that will impact the housing market in...
by Susanne Novak | Aug 16, 2021 | Buyer Tips, Trends
Over the past few months, I talked to many frustrated buyers who were ready to give up on their home search and continue to rent. I believe this is a mistake as the market has been normalizing this summer. Will the Housing Shortage Continue? Unlike what most people...
by Susanne Novak | May 17, 2021 | Buyer Tips
“Should I buy in a housing bubble?” This question is in every buyer’s mind these days. Home values have been rising quickly, and eager buyers compete for every listing as soon as it hits the market. It certainly appears that we are in a housing...
by Susanne Novak | Apr 26, 2021 | Covid, Market Updates
The total number of homes sold increased by only 2.3% in March. Not a big jump if you consider that we were locked down this time last year. However, the average sales price was up by 11.5%, Days on Market plummeted by 41.5%, the average home sells for more than list...
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...
