Spring | Blog

Thursday, March 17, 2022   /   by Raj Jaggi

Spring is a Great Opportunity for Sellers

If you want to sell your home this year, you need to act quickly. After all, you'll want to strike a balance between getting the most out of your present home's sale and making the finest investment possible when buying your future one.
If that's the case, you should know that today you might be able to obtain the best of both worlds. Here are four reasons why this spring could be the best time of year for you.

1. There Aren't Enough Homes on the Market
Because of the scarcity of residences for sale today, sellers are in the driver's seat. In today's market, there are significantly more buyers than properties available. This indicates that buyers are anxiously anticipating your home's arrival.
When you list your home, it becomes the center of attention. And, if you work with a real estate agent to price your home right, you may anticipate it to sell quickly this season, with numerous strong offers.

2. Your equity is increasing at an unprecedented rate
Homeowners are sitting ...

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Monday, March 7, 2022   /   by Raj Jaggi

Are Home Prices Still Climbing?

Many economists predicted that home price growth will halt considerably in the fall of 2021, then decline further in 2022. That hasn't happened yet. All of the major pricing indices are showing double-digit price increases. Here's a look at their December reports on year-over-year pricing growth:

Federal Housing Finance Agency (FHFA): 17.6%
S&P Case-Shiller: 18.8%
CoreLogic: 18.5%
Here's a graph showing the progression of all three indicators for each month of 2021 to demonstrate that they're not seeing any signs of weakening.

According to all three indicators, home price appreciation accelerated considerably from January to July last year, as shown in the graph above. Then, in August, it began to slow down as prices increased at a slower rate, but it did not decline. Many speculated that this would signal the start of a dramatic slowdown in-home price increase, but the data reveals that this was not the case. Instead, prices began to level out for a few months before acce; ...

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