by Thomas Scott | Apr 29, 2021 | Buyers & Sellers, Housing Market Updates
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have...
![This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2021/04/This-Isnt-a-Bubble.-Its-Simply-Lack-of-Supply.-INFOGRAPHIC-Copy.png)
by Thomas Scott | Apr 23, 2021 | Buyers & Sellers, Housing Market Updates, Infographic
Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a...
by Thomas Scott | Apr 22, 2021 | Buyers & Sellers, Housing Market Updates
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be...
by Thomas Scott | Apr 21, 2021 | Buyers & Sellers, Interest Rates
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below...
by Thomas Scott | Apr 14, 2021 | Buyers & Sellers
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the...
by Thomas Scott | Apr 13, 2021 | Buyers & Sellers
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature...
