by Susanne Novak | Aug 9, 2021 | Buyer Tips
Many buyers see new construction as their only option to avoid bidding wars in today’s competitive sellers’ market. However, building new is becoming increasingly expensive, and you may have to wait 12 months before you can move in. Should you consider new...
by Susanne Novak | Jun 21, 2021 | Buyer Tips
Today’s housing market is challenging to say the least. Many home buyers get frustrated when they are faced with a slim selection of listings and competing purchase offers above list price. All too often I see buyers delay their home purchase hoping the housing...
by Susanne Novak | Jun 14, 2021 | Buyer Tips, Trends
The average price of a new construction home was $378,850 in April. That’s roughly $87,000 more than the average price of an existing home (which was $291,900). There are five reasons why new homes are more expensive than existing homes, and why prices are...
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...
