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Manda Luccasen | RE/MAX Southern Homes
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Simplifying the Market™



In the 11/29/2018 edition:
Excerpts:

Further Proof It’s NOT 2008 All Over Again

Further Proof It’s NOT 2008 All Over Again | Simplifying The MarketHome sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced […]
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24% of Renters Believe Winter is the Best Time to Buy a Home

24% of Renters Believe Winter is the Best Time to Buy a Home | Simplifying The MarketIn real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to Bank of […]
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The #1 Reason to Not Wait Until Spring to Sell Your House

The #1 Reason to Not Wait Until Spring to Sell Your House | Simplifying The MarketMany sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List […]
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Buyers: Don’t Be Surprised by Closing Costs!

Buyers: Don’t Be Surprised by Closing Costs! | Simplifying The MarketMany homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a […]
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Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month.
  • The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply.
  • NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully. This allows for much more manageable, less frenzied buying conditions.”

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The process of buying or selling a home can be overwhelming at times, but you don't need to go through it alone.

You may be wondering if now is a good time to buy or sell...  or if interest rates are projected to rise...  or how much competition you may be facing in today's market. My free eGuide's above will answer many of your questions and likely bring up a few things you haven't thought about yet.

Or, if you know someone who is thinking about buying or selling a home, please forward this email to them. My business is built on the referrals of friends, family and business associates.

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