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Uncategorized Home values expected to continue to rise Home Values Projected to Keep Rising As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest […]
Uncategorized Real estate continues to be a source of strength Real Estate Continues to Show Unprecedented Strength This Year The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more? Here’s a […]
Uncategorized Why use a Realtor ? There are many benefits to working with a real estate professional when selling your house. If you’re considering selling on your own, known in the industry as a For Sale by Owner (FSBO), it’s critical to consider the following: 1 – Your safety is a priority real estate professional will have the proper protocols in […]
Uncategorized Should you buy a retirement home sooner rather than later? Should You Buy a Retirement Home Sooner Rather than Later? Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking […]
Uncategorized A Homeowner’s Net Worth is 40X Greater than a Renter’s A Homeowner’s Net Worth Is 40x Greater Than a Renter’s One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, […]
Uncategorized Where are Home Values heading in the next 12 months? Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a […]
Uncategorized Rhode Island Real Estate Market Report – August 2020   Click the link below for the latest and greatest numbers and analysis for our local RI real estate market for August 2020!   https://mottandchace.rezora.com/public/8290772
Uncategorized Homebuyer Demand is Far Above Last Year’s Pace Homebuyer Demand Is Far Above Last Year’s Pace Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve […]
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Uncategorized Three tips for winning a bidding war Three Ways to Win in a Bidding War With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if […]
Uncategorized Sellers are returning!!! Sellers Are Returning to the Housing Market In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier […]
Uncategorized Recovery on the Horizon The Beginning of an Economic Recovery The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and […]
Uncategorized Inventory is slowly opening up! Sellers Are Returning to the Housing Market In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier […]
Uncategorized Homes are more affordable now than they have been in years Homes Are More Affordable Right Now Than They Have Been in Years Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as […]
Uncategorized The latest unemployment market report is in The Latest Unemployment Report: Slow and Steady Improvement Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were […]
Uncategorized Seeking the suburbs….. Will We See a Surge of Homebuyers Moving to the Suburbs? Surban living……Seeking the amenities/perks of urban living yet in a suburban setting. It’s a big movement right now and I am seeing it daily in RI. Five new buyer clients last week alone looking to leave the city and hit the ‘burbs. It’s a […]
Uncategorized Thinking of selling your home ? Now may be the right time! Thinking of Selling Your House? Now May be the Right Time Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home […]
Uncategorized How is the Economy Affecting the Real Estate Market? Watch the video for July numbers and trends  
Uncategorized A Remarkable Recovery for the Housing Market A Remarkable Recovery for the Housing Market For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand […]
Uncategorized What the experts are saying about home prices What Are Experts Saying about Home Prices?   Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, […]
Uncategorized Bidding war madness Buyers: Are You Ready for a Bidding War? With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few […]
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