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Sharp Increase in New Construction Can’t Keep Pace with New Household Formation

Sharp Increase in New Construction Can’t Keep Pace with New Household Formation

by Susanne Novak | Feb 14, 2022 | Buyer Tips

Despite of a massive increase in building permits and new home construction, not enough homes are being built to meet demand. That’s one of the core findings of new research from realtor.com. The Housing Supply Gap Expands in 2021 New households are formed at a...
How Homeowners Create Wealth and Beat Skyrocketing Inflation

How Homeowners Create Wealth and Beat Skyrocketing Inflation

by Susanne Novak | Jan 17, 2022 | Seller Tips

You may have seen articles comparing the cost of leasing vs. owning a home. Most of these articles simply compare the monthly mortgage payment to your lease payment and proclaim that the lower one wins. This comparison is wrong. It completely misses the incredible...
How You Can Own an Epic Second Home for 1/8 of the Cost

How You Can Own an Epic Second Home for 1/8 of the Cost

by Susanne Novak | Dec 6, 2021 | Buyer Tips, Trends

If you’ve dreamed of owning a second home, you’re not alone — interest in second homes has been rising during the pandemic. Unfortunately, the cost and responsibility of maintaining a second home puts ownership beyond the reach of most would-be buyers. Your second...
Don’t Overpay Now! The Buying Frenzy May be Over Soon

Don’t Overpay Now! The Buying Frenzy May be Over Soon

by Susanne Novak | Jul 19, 2021 | Buyer Tips

Did you miss out due to multiple offers this spring? Don’t give up, yet! You will have a second chance to buy without overpaying because the housing market seems to be normalizing. Now is Not the Time to Overpay! On Friday I toured a few listings with one of my...
Don’t Confuse Days on Market with How Long it Takes to Sell Your Home

Don’t Confuse Days on Market with How Long it Takes to Sell Your Home

by Susanne Novak | Nov 4, 2019 | Seller Tips

The housing market has changed over the summer. You may be wondering if we are still in a seller’s market? That depends on the value of your property. Last week I explained how 50% of all homes sell between $100,000 and $250,000. Only 5% of buyers can afford luxury...
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  • Market Update: Average Sales Price Hits New Record, Inventory Improves
  • How to Beat Skyrocketing Mortgage Rates
  • Upsizing: How Real Estate Experts Got Baby Boomers Completely Wrong
  • How to Skirt Bidding Wars with Curb Offers
  • Should You Buy a $875,000 Townhouse in Dublin’s Bridge Park?
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