Uncategorized Home Price Deceleration Doesn’t Mean Home Price Depreciation Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home pricesand where experts say they’re going, here’s a look at a few terms you […]
Market Predictions Luxury Homes Are in High Demand As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a […]
Rhody Life How to maximize a gorgeous Saturday in the Ocean State! These are the days!!! These are the days we, in the Ocean State, arise with a smile on our faces and a pep within our “gate!” Seeking some “idears” on what to do today? Check out today’s blog for a game plan which includes a BEVVIE of local hot spots to hit so you can […]
Market Predictions Will Home Prices Fall This Year? Here’s What Experts Say.   Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen […]
Market Predictions 2022 Housing Market Forecast While the Fed hopes to Calm Demand in order to Curb Inflation, the market will continue to be strong here in RI and elsewhere.  I do believe the higher interest rates WILL in fact impact demand and home appreciation will lessen a bit.  From all that I listen to, I believe prices will decrease @5-10% […]
Market Predictions Today’s Home Price Appreciation Is Great News for Existing Homeowners If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally […]
Market Predictions Where Are Mortgage Rates Headed? A headline that hints at a favorite Dave Matthews Band song of mine ” Where are we going.” Interest rates and the rising of them, are a hot topic amongst my buyers AND sellers these days.  How will they impact affordability? Will they have an effect on the incredible home price appreciation we have been […]
Market Predictions Home Price Appreciation- What does it mean to you as a homeowner and/or as a buyer? Home Price Appreciation- What does it mean to you as a homeowner AND what does it mean to you as a buyer? It’s a topic of great interest in this competive real estate market where home price escalation and appreciation are at an all-time high. The Future of Home Price Appreciation and What It Means […]
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Market Predictions One of the four market forces we are dealing with in RI real estate …. One topic I touched upon during a recent real estate panel detailed the market forces of 2021 which led to the extremely high price growth which are still in effect today. The four forces are limited supply, elevated demand , demographics and low mortgage rates. Here is a national look at the supply / demand […]
Market Predictions There are Almost No Houses For Sale in Rhode Island Honored to be quoted in this article this morning on GoLocalProv.com. Being the glass now “overfloweth” gal that I am, I WOULD like to accentuate the “almost” verbiage in this headline. As I told new buyer clients last night as we engaged in a buyer’s presentation at their PVD kitchen table, ‘If I acquired 3 […]
Market Predictions Curious About Where Mortgage Rates Are Heading? Almost daily, I am asked for my thoughts on where rates are heading. It could be from buyers at showings or community members at the supermarket or hockey moms and dads in the stands at the rink. With real estate such a trending topic, and my strong love for talking real estate widely known, it […]
Rhody Life Great new spot in Little Rhody that YOU need to check out! When Covid hit I brainstormed ( teacher-speak) on how I could help support my neighbors. I pondered about what I could do to show my support of small businesses and their surrounding communities in some tangible way. I was living in NH at the time, commuting back and forth to “Do” real estate in RI […]
Market Predictions What’s Going To Happen with Home Prices This Year? After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. […]
Uncategorized Why Inflation Shouldn’t Stop You from Buying a Home in 2022 If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during […]
Uncategorized Will the Housing Market Stay Hot in 2022? It’s the question posed to this RI Realtor almost daily and one I love to address. >>All signs seem to indicate that the market WILL stay hot yet the rate of price escalation will assuage a bit. ( audible sigh of relief from buyers everywhere!) >>Prices continue to trend upward but at a slower rate. […]
Uncategorized Why Waiting To Sell Your House Could Cost You a Small Fortune Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house […]
Uncategorized Expert Insights on the 2022 Housing Market As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in […]
Uncategorized The Average Homeowner Gained $56,700 in Home Equity over the Past Year! When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is […]
Uncategorized Year end market news and views…… The temps outside are chilly and the real estate market remains brisk! The median listing price grew 9.6% compared to this time last year. The price growth is due to the imbalance of the market with demand far exceeding supply. In fact, new listings are down 6% over this time last year. We have less […]
Uncategorized If You Think the Housing Market Will Slow This Winter, Think Again. From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and move […]