Market Updates

Feb. 29, 2024

Why You Want an Agent’s Advice for Your Move


No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.

Moving is no exception ...

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Feb. 27, 2024

Why Today’s Housing Supply Is a Sweet Spot for Sellers

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

An article from Calculated Risk shows there are 15.6% more homes for sale now ...

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Feb. 6, 2024

Houses Are Still Selling Fast



Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn't as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal.

The graph below uses data from Realtor.com ...

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Jan. 29, 2024

Will a Silver Tsunami Change the 2024 Housing Market?

Have you ever heard the term “Silver Tsunami” and wondered what it's all about? If so, that might be because there’s been lot of talk about it online recently. Let's dive into what it is and why it won't drastically impact the housing market.

What Does Silver ...

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Jan. 24, 2024

Are More Homeowners Selling as Mortgage Rates Come Down?

 

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.

The Mortgage Rate Lock-In Effect

Over the ...

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Jan. 22, 2024

3 Must-Do’s When Selling Your House in 2024



If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

A great way to balance those emotions and make sure you’re confident in ...

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Jan. 18, 2024

3 Key Factors Affecting Home Affordability

 




Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being ...

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Jan. 17, 2024

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

We would like to be your Realtor of choice.  Whether you are looking to buy or sell your home in middle Tennessee, Team Romines has the experience and resources to serve you in your journey. Contact us today, Rochelle Romines – 941.773.4542 or rromines@kw.com or ...

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Jan. 16, 2024

Why You May Want To Seriously Consider a Newly Built Home

 

We would like to be your Realtor of choice.  Whether you are looking to buy or sell your home in middle Tennessee, Team Romines has the experience and resources to serve you in your journey. Contact us today, Rochelle Romines – 941.773.4542 or rromines@kw.com ...

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Jan. 12, 2024

Home Prices Forecast To Climb over the Next 5 Years

 




Some Highlights

  • If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
  • Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity ...
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Posted in Market Updates