by sanjay.singh@zyprr.com | May 20, 2021 | Interest Rates, Move-Up Buyers, Pricing, Seller
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate...
by sanjay.singh@zyprr.com | May 19, 2021 | Housing Market Updates, Move-Up Buyers, Seller
One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy...
by sanjay.singh@zyprr.com | May 18, 2021 | Buyers & Sellers, Housing Market Updates
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In...
by sanjay.singh@zyprr.com | May 17, 2021 | Buyer, Move-Up Buyers
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as...
by sanjay.singh@zyprr.com | May 14, 2021 | Infographic, Seller
Some Highlights Selling a house is no small task. If you decide to try to do it on your own, keep in mind you’ll be responsible for all the expert-level work of a real estate professional. The vital tasks an agent manages for you include listing and marketing your...