Tag: tim and julie harris
Why Buyers Are Heading to Bay City MI
Key Highlights
Median listing price of $92,000
Sales volume increase of +7.9% y/y
Ultra-Low Prices Attracting Buyers to Bay City MI
Bay City MI is now...
Demand for Mortgage Refinancing Drops -20%
Key Highlights
Refinance applications dropped -5% for week and -20% from one year ago
As mortgage rates move up, current and potential homebuyers pull...
Millions to Enter 2021 Housing Market
Key Highlights
Zillow researchers indicating that 2.5M to enter housing market in 2021
Zillow calling this moving trend the Great Reshuffling
More Americans Could Move in...
Lack Of Homes For Sale, Stop The Insanity! (Part 2)
So stop hoping, speculating and wishing the market will just shift magically to a balanced or buyer's market. That's not happening any time soon!
What to...
Thinking of Buying Land?
Key Highlights
Buying land has different considerations than buying residential property
Below are 11 questions to ask and answer when buying land
11 Areas to...
Home Price Insights & Forecast for 2022
Key Highlights
February 2021 – home prices increased y/y +10.4% nationwide, according to CoreLogic
Forecast to February 2022 indicates price increase y/y of +3.2%
Home...
Lack Of Homes For Sale! Stop The Insanity!
Fact: There is very little cause to believe that this will change any time soon.
Why?
1) Demographic demand.
2) Builders can't keep up. The cost of...
How Coming Great Wealth Transfer Will Affect Real Estate
Key Highlights
Boomer generation to top out by 2030
Estimated $59T transferring to next generations
Baby Boomers to Top Out by 2030
Baby Boomers, those born...
In Hot Markets, Encourage Second-Home Buyers to “Settle and Wait”
Key Highlights
Condos in hot locations may serve as market “placeholders” until ideal properties become available
Think of condos in hot locations as “starter...
Asking Prices at All-Time High
Key Highlights
Asking prices jumped +14%y/y to $353,500 in 4-week period ending March 28
Median home-sale prices hit $335,613, an increase of +17% y/y
All-Time...
