With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s…
Q3 2024 Luxury Trends RenoSparks
Q3 2024 Market Trends Quarterly Newletter For Issuu
. To see what makes the most sense for you, let’s sit down and crunch the numbers together. You may find you have the opportunity to forget renting for good.
Worried about a housing market crash? Here’s why supply and demand show you don’t need to be. In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too…
Thinking about pulling your house off the market until next year? Think again. Buyers who look during the fall season are serious and eager to move quickly, especially now that mortgage rates are down from their recent peak. So, don’t miss out. Keep your home listed to attract motivated buyers who are ready to negotiate…
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I’m very new to home buying obviously and this will be my first home. I’m in the infancy of looking and researching. I have a 780 credit score, my only debt is $7,000 loan for my MBA (payment is less than $100 each month) and I’m figuring in this current market, I’m hoping to get…
While wiring the money on closing dates (80% of the money funded, my realtor told me there was an issue. While the seller taking out his dryer and washer (2nd floor), there was a problem with the hose of the washer, but the seller didn’t pay attention. The water got leaked, it soak in to…
Set to close in 5 days in NJ. Today our real estate attorney said the seller is backing out. Apparently they didn’t like something they saw in their new-build home (cracked foundation) so they cancelled their purchase and decided not to sell their current house. 100% of our escrow will be returned, sellers verbally offered…