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The Two Big Issues the Housing Market's Facing this Year - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/ba9f45f8-f8c7-4a01-a631-4d6f4b603b79/average-mortgage-rate-is-less-than-4-percent-MEM.png Blog - The Two Big Issues the Housing Market's Facing this Year - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/wondering-whats-going-on-with-home-prices monthly 0.5 2023-02-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/db57e3bc-add4-473a-9999-2310adcd3dfb/wondering-whats-going-on-with-home-prices-KCM.jpg Blog - Wondering What's Going On With Home Prices? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/bfd21517-1643-4a0f-a0e2-58851fd18da0/us-house-prices-largely-unchanged-MEM.png Blog - Wondering What's Going On With Home Prices? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/the-top-reasons-for-selling-your-house monthly 0.5 2023-02-06 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1675708980525-9PRQZTDDI1OVD8LBNXZ2/Sell+today.jpg Blog - The Top Reasons For Selling Your House - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/817b53dd-67a4-44ee-86ab-0d61c770aabd/homeowners-top-reasons-to-sell-MEM.png Blog - The Top Reasons For Selling Your House - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/experts-forecast-a-turnaround-in-the-housing-market monthly 0.5 2023-02-02 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1675360103937-IHFZRQZEZOLKX9RY8XU9/experts-forecast-a-turnaround-in-the-housing-market-in-2023-KCM.jpg Blog - Experts Forecast a Turnaround in the Housing Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/mortgage-rates-are-bringing-buyers-back-to-the-market monthly 0.5 2023-02-01 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/a8b03dbd-819c-41c4-9536-3192df1d97b4/lower-mortgage-rates-are-bringing-buyers-back-to-the-market-KCM.jpg Blog - Mortgage Rates are Bringing Buyers Back to the Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/should-you-rent-your-house-or-sell-it monthly 0.5 2023-02-01 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1675287981675-86DKWJKF23HWWL5T8SBK/should-you-rent-your-house-or-sell-it-KCM.jpg Blog - Should You Rent Your House or Sell It? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/where-will-you-go-if-you-sell-your-home monthly 0.5 2023-01-30 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1675102798727-8YB96LYZIWVV2FPXMIE6/where-will-you-go-if-you-sell-you-have-options-KCM.jpg Blog - Where Will You Go If You Sell Your Home? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/want-to-sell-your-house-price-it-right monthly 0.5 2023-01-23 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1674504084736-585918VRWZI1GWPKUR1H/want-to-sell-your-house-price-it-right-KCM.jpg Blog - Want to Sell Your House? Price It Right!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/39a8664f-a8c9-4af0-8b79-e859344e9bd4/price-it-right-MEM.png Blog - Want to Sell Your House? Price It Right!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/pjwnjvliwbb6qqyrpn9nwmwy0zmbvl monthly 0.5 2023-01-19 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1674147333580-5U33KY019SGTPGTRQEAN/have-home-values-hit-bottom-KCM.jpg Blog - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/c64c6934-8823-492e-85b5-c647f9f84ecf/have-home-values-hit-bottom-MEM.png Blog - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-past-recessions-tell-us-about-the-housing-market monthly 0.5 2023-01-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/c2b11807-9413-49d5-ba96-3c712b77d939/what-past-recessions-tell-us-about-the-housing-market-in-2023-KCM.jpg Blog - What Past Recessions Tell Us About the Housing Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/90904e03-a386-46e6-986e-760a65840cde/a-recession-does-not-mean-falling-prices-MEM.png Blog - What Past Recessions Tell Us About the Housing Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/47b5cf86-86ab-4908-b2d9-b4a54216a187/a-recession-means-falling-mortgage-rates-MEM.png Blog - What Past Recessions Tell Us About the Housing Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/the-truth-about-negative-home-equity-headlines monthly 0.5 2023-01-11 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/9f3d6093-dc08-4b3d-9c32-ad19f275cf32/the-truth-about-negative-home-equity-headlines-KCM.jpg Blog - The Truth About Negative Home Equity Headlines - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-experts-are-saying-about-the-2023-housing-market monthly 0.5 2023-01-11 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1673469760805-LPWARZXYSEV8Q5ISB49D/what-experts-are-saying-about-the-2023-housing-market-BB.jpg Blog - What Experts Are Saying About the 2023 Housing Market - Make it stand out If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? An article from HousingWire offers this perspective: “The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. But more recently, market conditions have done an about-face. . . . now is the opportunity for everyone to become re-educated about what a ‘typical’ housing market looks like.” This year, experts agree we may see the return of greater stability and predictability in the housing market if inflation continues to ease and mortgage rates stabilize. Here’s what they have to say. The 2023 forecast from the National Association of Realtors (NAR) says: “While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, . . . mortgage rates are expected to stabilize while home sales and prices moderate after recent highs, . . .” Danielle Hale, Chief Economist at realtor.com, adds: “. . . buyers will not face the extreme competition that was commonplace over the past few years.” Lawrence Yun, Chief Economist at NAR, explains home prices will vary by local area, but will net neutral nationwide as the market continues to adjust: “After a big boom over the past two years, there will essentially be no change nationally . . . Half of the country may experience small price gains, while the other half may see slight price declines.” Mark Fleming, Chief Economist at First American, says: “The housing market, once adjusted to the new normal of higher mortgage rates, will benefit from continued strong demographic-driven demand relative to an overall, long-run shortage of supply.” Bottom Line If you’re looking to buy or sell a home this year, the best way to ensure you’re up to date on the latest market insights is to partner with a trusted real estate advisor. Let’s connect. https://www.lyntrayte.com/blog/avoid-the-rental-trap-in-2023 monthly 0.5 2023-01-04 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1672847672510-0RKVV8RGAILK0EAJ7TIB/Rental+Trap.jpg Blog - Avoid the Rental Trap in 2023 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/5f26e7a3-662f-49cf-b78d-14b8860e4c59/Median+Asking+Rent.png Blog - Avoid the Rental Trap in 2023 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/9b57f51c-d4f5-445b-a089-5f15e012f4b2/Rent+Growth+Estimate.png Blog - Avoid the Rental Trap in 2023 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-are-your-goals-in-the-housing-market-this-year monthly 0.5 2023-01-02 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1672686555084-0NR5UM9PBUGBB1HE2OGT/what-are-your-goals-in-the-housing-market-this-year-KCM.jpg Blog - What Are Your Goals in the Housing Market This Year? 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It Depends!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1635372344597-6D914TUYANVHPVA9ISR6/20211027-MEM-Eng-1.png Blog - Housing Challenge or Housing Opportunity? It Depends!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-does-the-future-hold-for-home-prices monthly 0.5 2021-10-19 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634670048720-2Z2SJ4RFSYW4F5QA31PO/20211019-KCM-Share.jpg Blog - What Does the Future Hold For Home Prices? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634670147857-8WN3CMTO5C3JTFN93ANR/20211019-MEM-Eng-1.png Blog - What Does the Future Hold For Home Prices? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/sellers-your-house-could-be-an-oasis-for-buyers-seeking-more-options monthly 0.5 2021-10-18 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634576161683-D1B7DT8KFP2WHG09AXGD/20211018-KCM-Share.jpg Blog - Sellers: Your House Could Be an Oasis for Buyers Seeking More Options - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634576262562-9C08PKP0Z7RAK9W39YIC/20211018-MEM-Eng-1.png Blog - Sellers: Your House Could Be an Oasis for Buyers Seeking More Options - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/homebuyer-tips-for-finding-the-one monthly 0.5 2021-10-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634428318040-DQKHVXINMQRFYUY16HO7/20211015-MEM+%281%29.png Blog - Homebuyer Tips for Finding "THE ONE" - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-do-past-years-rell-us-about-todays-real-estate-market monthly 0.5 2021-10-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634427651854-I9Z7QT437LVUUPH4FEQO/20211014-KCM-Share.jpg Blog - What Do Past Years Tell Us About Today's Real Estate Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634427731895-UZTCJDGGR293HKXSR6ZZ/20211014-MEM-Eng-1.png Blog - What Do Past Years Tell Us About Today's Real Estate Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634427787127-Q0WEZ5FMAUAC4R9J29PS/20211014-MEM-Eng-2.png Blog - What Do Past Years Tell Us About Today's Real Estate Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634427841592-FGSAHNOGQGK5NX3NBAAP/20211014-MEM-Eng-3.png Blog - What Do Past Years Tell Us About Today's Real Estate Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/dont-wait-for-a-lower-mortgage-rate-it-could-cost-you monthly 0.5 2021-10-12 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634065027691-JAATU1VQA7BZZI7GYINL/20211012-KCM-Share.jpg Blog - Don't Wait for a Lower Mortgage Rate - It Could Cost You!!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634065097971-7HHSLAR2VEIJL59BW3IH/20211012-MEM-Eng-1.png Blog - Don't Wait for a Lower Mortgage Rate - It Could Cost You!!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1634065163430-DE3FV0AQN05JUUP8970P/20211012-MEM-Eng-2.png Blog - Don't Wait for a Lower Mortgage Rate - It Could Cost You!!! - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-do-supply-and-demand-tell-us-about-todays-housing-market monthly 0.5 2021-10-06 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1633542061553-IEXH9ZKEGM8M0FJDVTHP/20211006-KCM-Share.jpg Blog - What Do Supply and Demand Tell Us About Today's Housing Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1633542165390-4U43LLIOS0TKI4Z5Q3TH/20211006-MEM-Eng-1.png Blog - What Do Supply and Demand Tell Us About Today's Housing Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1633542234272-5BLXUG9672HOYWC383ZC/20211006-MEM-Eng-2.png Blog - What Do Supply and Demand Tell Us About Today's Housing Market? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/as-home-equity-rises-so-does-your-wealth monthly 0.5 2021-09-30 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1633028125015-J6WJPB0RT8TSDLVGP4MY/20210930-KCM-Share.jpg Blog - As Home Equity Rises, So Does Your Wealth - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1633028246562-3R2X2PKQJX1WS91HD97V/20210930-MEM-Eng-1.png Blog - As Home Equity Rises, So Does Your Wealth - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/if-youre-a-buyer-is-offerng-asking-price-enough monthly 0.5 2021-09-29 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632947909438-3D9JIWIVX7Q58H00U7J4/20210927-KCM-Share.jpg Blog - If You're a Buyer, Is Offering Asking Price Enough? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/early-october-is-the-sweet-spot-for-a-buyer monthly 0.5 2021-09-29 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632948678967-U42RJH2VQE2OJV21MD2U/20210928-KCM-Share.jpg Blog - Early October is the Sweet Spot for a Buyer - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/its-still-a-sellers-market monthly 0.5 2021-09-26 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632694202249-Y5SC01P7D658MWMKCAWG/20210924-MEM.png Blog - It's STILL A Sellers Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/two-reasons-why-waiting-a-year-to-buy-could-cost-you monthly 0.5 2021-09-26 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632693607255-AEUT2XDZ1ZNH7AP3FGYD/20210922-KCM-Share-1+%281%29.jpg Blog - Two Reasons Why Waiting a Year To Buy Could Cost You - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632693729576-KJNVFLR5OW6RNV7LAMM8/20210923_MEM_ENG_1.png Blog - Two Reasons Why Waiting a Year To Buy Could Cost You - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/remote-work-is-here-to-stay-can-your-home-deliver-the-space-your-need monthly 0.5 2021-09-21 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632266748932-QEL9BY4CV5LS0LBTLI4L/20210921-KCM-Share.jpg Blog - Remote Work is Here to Stay. Can Your Home Deliver the Space You Need? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1632266868067-AWIAPWQ00822LNT6Y9MB/20210921-MEM-Eng-2.png Blog - Remote Work is Here to Stay. Can Your Home Deliver the Space You Need? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/have-you-ever-seen-a-housing-market-like-this-1 monthly 0.5 2021-09-17 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631906189963-JR4KPK27WTP6ACJ5FWUX/20210917-MEM.png Blog - Have You Ever Seen a Housing Market Like This? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/5-tips-for-making-your-best-offer monthly 0.5 2021-09-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631807732488-4IJHT195BXZOX9ZDI1X1/20210915-KCM-Share.jpg Blog - 5 Tips for Making Your Best Offer - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/is-the-number-of-homes-for-sale-finally-growing monthly 0.5 2021-09-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631806489574-TFLK6G2BTQ3Z8CIS99IW/20210916-KCM-Share.jpg Blog - Is the Number of Homes for Sale Finally Growing? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631806630631-GMATHDQQ8WTEJGX7867C/20210916-MEM-Eng-1.png Blog - Is the Number of Homes for Sale Finally Growing? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631806747798-XPR3PKFMQVYZHY59S18Y/20210916-MEM-Eng-2.png Blog - Is the Number of Homes for Sale Finally Growing? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631806813314-IFM5SI9Q0IBQWOVUI8L7/20210916-MEM-Eng-3.png Blog - Is the Number of Homes for Sale Finally Growing? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/home-appreciation-is-skyrocketing-in-2021what-about-2022 monthly 0.5 2021-09-09 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631220378229-1VOYXCD7OCY2D7FJ817X/20210909-KCM-Share.jpg Blog - Home Appreciation is Skyrocketing in 2021...What About 2022? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631220460703-VMX31745L3CAWW3F35GJ/9-9.png Blog - Home Appreciation is Skyrocketing in 2021...What About 2022? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631220521618-JBWG0YYYAAT4Z4YWNIUR/20210909-MEM-ENG-2.png Blog - Home Appreciation is Skyrocketing in 2021...What About 2022? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1631220588786-CQR1QH5NQGVTFKX8T5XF/20210909-MEM-ENG-3.png Blog - Home Appreciation is Skyrocketing in 2021...What About 2022? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/5-realsons-todays-housing-market-is-anything-but-normal monthly 0.5 2021-09-05 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630866025637-GWLPZJQC7H220PJLC1M4/20210902-KCM-Share+%281%29.jpg Blog - 5 Reasons Today's Housing Market is Anything But Normal - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/if-housing-affordability-is-about-the-money-dont-forget-this monthly 0.5 2021-08-28 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630089140525-DPGRNAI40Z1L0481BSJX/20210826-KCM-Share+%281%29.jpg Blog - If Housing Affordability is About The Money, Don't Forget This.... - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630089323803-5U6BFFKRYIU7UZIW52TD/download+%281%29.png Blog - If Housing Affordability is About The Money, Don't Forget This.... - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630089438677-M17IAXGORZ6MENXNRVXC/download+%283%29.png Blog - If Housing Affordability is About The Money, Don't Forget This.... - Make it stand out We can see the equity gained each month was greater than the monthly mortgage payment, resulting in a negative cost to own. The buyer could build their net worth by $1,830 each month – after paying their mortgage. Kushi then compares the monthly cost of owning to the cost of renting (see chart below): https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630089499487-VQE2SY6YSP96Z43SWXFH/download+%282%29.png Blog - If Housing Affordability is About The Money, Don't Forget This.... - Make it stand out When adding equity build-up into the equation, the cost of renting is $3,140 more expensive than owning. Again, the First American analysis shows that it’s less expensive to own in each of the top 50 markets in the country when including the equity component. Bottom Line If you’re on the fence about whether to buy or rent right now, let’s connect so we can determine if the equity increase in our local market should impact your decision. https://www.lyntrayte.com/blog/your-checklist-to-get-ready-to-sell monthly 0.5 2021-08-27 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1630083641946-GF3QKASQJR1ARG2ZVX4F/20210827-MEM.png Blog - Your Checklist to Get Ready to Sell - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/what-do-experts-say-about-todays-mortgage-rates monthly 0.5 2021-08-24 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629822136008-XEUDOCLDJ1ORKZH6HAB2/20210722-KCM-Share.jpg Blog - What Do Experts Say About Today's Mortgage Rates? - Make it stand out Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629822432253-L9LZVKDO7NCR8ESSEYFT/20210823-MEM-Eng-1.png Blog - What Do Experts Say About Today's Mortgage Rates? - Make it stand out Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say: Sam Khater, Chief Economist at Freddie Mac, points out the historic nature of today’s rates: “As the economy works to get back to its pre-pandemic self, and the fight against COVID-19 variants unfolds, owners and buyers continue to benefit from some of the lowest mortgage rates of all-time.” Mark Fleming, Chief Economist at First American, talks about how rates impact a buyer’s bottom line: “Mortgage rates are generally the same across the country, so a decline in mortgage rates boosts affordability equally in each market.” Danielle Hale, Chief Economist at realtor.com, also notes the significance of today’s low rates and urges buyers to carefully consider their timing: “Those who haven’t yet taken advantage of low rates to buy a home or refinance still have the opportunity to do so this summer.” Hale goes on to say that buyers who don’t act soon could see higher rates in the coming months, negatively impacting their purchasing power: “We expect mortgage rates to fluctuate near historic lows through the summer before beginning to climb this fall.” And while mortgage rates are still low today, the data from Freddie Mac indicates rates are fluctuating ever so slightly right now, as they moved up one week before inching slightly back down in their latest release. It’s important to keep in mind the influence rates have on your monthly mortgage payment. Even small increases can have a big impact on what you pay each month. Trust the experts. Today’s rates give you opportunity and flexibility in what you can afford. Don’t wait on the sidelines and hope for a better rate to come along; the rates we’re seeing today are worth capitalizing on. Bottom Line Mortgage rates hover near record lows today, but experts forecast they’ll rise in the coming months. Waiting could prove costly when that happens. Let’s connect today to discuss today’s rates and determine if now’s the time for you to buy. https://www.lyntrayte.com/blog/what-does-being-in-a-sellers-market-mean monthly 0.5 2021-08-18 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629329305370-MWNHTBBZH5KRJZHEZ7H8/20210817-KCM-Share.jpg Blog - What Does Being in a Sellers' Market Mean? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629329365028-W6WZNTECUG0TBWG4MR6A/20210817-MEM-Eng-1.png Blog - What Does Being in a Sellers' Market Mean? - Make it stand out When the supply of houses for sale is as low as it is right now, it’s much harder for buyers to find homes to purchase. That creates increased competition among purchasers which leads to more bidding wars. And if buyers know they may be entering a bidding war, they’re going to do their best to submit a very attractive offer. As this happens, home prices rise, and sellers are in the best position to negotiate deals that meet their ideal terms. Right now, there are many buyers who are ready, willing, and able to purchase a home. Low mortgage rates and the ongoing rise in remote work have prompted buyers to think differently about where they live – and they’re taking action. If you put your house on the market while supply is still low, it will likely get a lot of attention from competitive buyers. Today’s ultimate sellers’ market holds great opportunities for homeowners ready to make a move. Listing your house now will maximize your exposure to serious buyers who will actively compete against each other to purchase it. Let’s connect to discuss how to jumpstart the selling process. https://www.lyntrayte.com/blog/real-estate-its-still-a-lack-of-supply-not-a-lack-of-demand monthly 0.5 2021-08-18 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629328034262-UX2GAQAEKKKLWJ510VJV/20210818-KCM-Share.jpg Blog - Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1629328123229-YVYVZEFCNKWLGXY0WTDJ/20210818-MEM-Eng-1.png Blog - Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand - Make it stand out While the principal and interest of a monthly mortgage payment remain the same over the lifetime of the loan, rents increase almost every year. 3. Owners build their wealth. Renters build their landlord’s wealth. Whether you’re a homeowner or an investor, real estate builds wealth through growing equity year-over-year. If you own, your household is gaining the benefit of that wealth accumulation. Fleming says: “The major financial advantage of homeownership is the accumulation of equity in the form of house price appreciation . . . . We have to take into account the fact that the shelter that you’re owning is an equity-generating or wealth-generating asset.” Odeta Kushi, Deputy Chief Economist at First American, elaborates in a recent article: “. . . once the home is purchased, appreciation helps build equity in the home, and becomes a benefit rather than a cost. When accounting for the appreciation benefit in our rent versus own analysis, it was cheaper to own in every one of the top 50 markets, including the two most expensive rental markets, San Francisco and San Jose, Calif.” Today, that equity buildup is substantial. The National Association of Realtors (NAR) reports: “The median sales price of single-family existing homes rose in 99% of measured metro areas in the second quarter of 2021 compared to one year ago, with double-digit price gains in 94% of markets.” In 94% of markets, there was a greater than 10% increase in median price. That means if you bought a $400,000 home in one of those markets, your net worth increased by at least $40,000. If you rented, the landlord was the recipient of the wealth increase. Bottom Line For many reasons, housing demand is still extremely strong. What we need is more supply (house listings) to meet that demand. https://www.lyntrayte.com/blog/are-houses-less-affordable-than-they-were-in-past-decades monthly 0.5 2021-08-14 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1628969332017-G32BKHWFBBPEE6Q61MIC/20210811-KCM-Share.jpg Blog - Are Houses Less Affordable Than They Were in Past Decades? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1628969443840-FY81TZK3B571DSHG08KK/20210811-MEM-Eng-1.png Blog - Are Houses Less Affordable Than They Were in Past Decades? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/with-rents-on-the-rise-is-now-the-time-to-consider-buying-a-home monthly 0.5 2021-08-03 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1628010056336-NOOGHKPCWLF04N2M4DWF/20210803-KCM-Share.jpg Blog - With Rents on the Rise - Is Now the Time to Consider Buying a Home - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1628010177945-6TPM2P6UZX4JF93RD3W4/20210803-MEM-Eng-1.png Blog - With Rents on the Rise - Is Now the Time to Consider Buying a Home - Make it stand out Rents Are Rising Sharply, and They Continue To Increase The difference in monthly housing costs when comparing renting and homebuying today is significant, but many would-be homebuyers wonder about the future of rental prices. If we look to historical Census data as a reference, the median asking rent has risen consistently since 1988 (see graph below): https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1628010231297-ZXOY9R5BPM4M26AEA3V4/20210803-MEM-Eng-2.png Blog - With Rents on the Rise - Is Now the Time to Consider Buying a Home - Make it stand out The rise in rent over time clearly shows one of the major advantages homeownership has over renting: stable housing costs. Renters face increasing costs every year. When you purchase your home, your mortgage rate is locked in for 30 years, meaning your monthly payment stays the same over time. That gives you welcome peace of mind and predictability for many years ahead. Bottom Line With rents continuing to rise across the country, renters should consider if now is the right time to buy. There are multiple benefits to buying sooner rather than later. Let’s discuss your options so you can make your most powerful decision. https://www.lyntrayte.com/blog/a-look-at-housing-supply-and-what-it-means-for-sellers monthly 0.5 2021-07-27 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627418547631-F49E3QYDGHZJS48Y77JF/20210727-KCM-Share0.jpg Blog - A Look at Housing Supply and What it Means for Sellers - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627418644821-O7E4R9S955RBP4TSVJ8Q/20210727-MEM-Eng-1.png Blog - A Look at Housing Supply and What it Means for Sellers - Make it stand out The same NAR report elaborates on the impact of this below-average pace of construction: “. . . the underbuilding gap in the U.S. totaled more than 5.5 million housing units in the last 20 years.” “Looking ahead, in order to fill an underbuilding gap of approximately 5.5 million housing units during the next 10 years, while accounting for historical growth, new construction would need to accelerate to a pace that is well above the current trend, to more than 2 million housing units per year. . . .”That means if we build even more new houses than the norm every year, it’ll still take a decade to close the underbuilding gap contributing to today’s supply-and-demand mix. Does that mean today’s ultimate sellers’ market is here to stay? We’re already starting to see an increase in new home construction, which is great news. But newly built homes can’t bridge the supply gap we’re facing right now on their own. In the State of the Nation’s Housing 2021 Report, the Joint Center for Housing Studies of Harvard University (JCHS) says: “…Although part of the answer to the nation’s housing shortage, new construction can only do so much to ease short-term supply constraints. To meet today’s strong demand, more existing single-family homes must come on the market.” Early Indicators Show More Existing-Home Inventory Is on Its Way When we look at existing homes, the latest reports signal that housing supply is growing gradually month-over-month. This uptick in existing homes for sale shows things are beginning to shift. Based on recent data, Odeta Kushi, Deputy Chief Economist at First American, has this to say: “It looks like existing inventory is starting to inch up, which is good news for a housing market parched for more supply.” Lawrence Yun, Chief Economist at NAR, echoes that sentiment: “As the inventory is beginning to pick up ever so modestly, we are still facing a housing shortage, but we may have turned a corner.” So, what does all of this mean for you? Just because life is starting to return to normal, it doesn’t mean you missed out on the best time to sell. It’s not too late to take advantage of today’s sellers’ market and use rising equity and low interest rates to make your next move. Bottom Line It’s still a great time to sell. Even though housing supply is starting to trend up, it’s still hovering near historic lows. Let’s connect to discuss how you can list your house now and use the inventory shortage to get the best possible terms for you. https://www.lyntrayte.com/blog/3-hot-topics-in-the-housing-market monthly 0.5 2021-07-26 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627313022924-3JRCOKV88QWOBWR2GW0J/20210726-KCM-Share.jpg Blog - 3 Hot Topics in the Housing Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/3-charts-that-show-this-isnt-a-housing-bubble monthly 0.5 2021-07-23 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627057069470-PDOSC0ZKCIMY5AEBHGX1/20210720-KCM-Share.jpg Blog - 3 Charts That Show This Isn't a Housing Bubble - Make it stand out With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627057219511-0ZIASDAHRPCC9D1BPTR3/20210720-MEM-Eng-1.png Blog - 3 Charts That Show This Isn't a Housing Bubble - Make it stand out Dr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point: “There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.” https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627057389904-6GDGJRX3R7KQPGK0NJ7F/20210720-MEM-Eng-2.png Blog - 3 Charts That Show This Isn't a Housing Bubble - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1627057579218-II9352CNGADZDJEJ0OME/20210720-MEM-Eng-3.png Blog - 3 Charts That Show This Isn't a Housing Bubble - Make it stand out Today, there are simply not enough homes to keep up with current demand. https://www.lyntrayte.com/blog/what-you-should-do-befor-interest-rates-rise monthly 0.5 2021-10-05 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626716690097-04FQ5VALXKR5ECDS027M/20210719-KCM-Share.jpg Blog - What You Should Do Before interest Rates Rise - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626716818004-6QNLXMU0H7HED9LUYEQQ/20210719-MEM-Eng-1.png Blog - What You Should Do Before interest Rates Rise - Make it stand out Today’s rates are below 3%, but experts forecast rates to rise over the next few years. If the interest rate on your current mortgage is higher than today’s average, take advantage of this opportunity by making a move and securing a lower rate. Lower rates mean you may be able to get more house for your money and still have a lower monthly mortgage payment than you might expect. Waiting, however, might mean you miss out on this historic opportunity. Below is a chart showing how your monthly payment will change if you buy a home as mortgage rates increase: https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626716904121-R9AIIVGEA2249QY4OJOI/20210719-MEM-Eng-2.png Blog - What You Should Do Before interest Rates Rise - Make it stand out Breaking It All Down: Using the chart above, let’s look at the breakdown of a $300,000 mortgage: When mortgage rates rise, so does the monthly payment you can secure. Even the smallest increase in rates can make a difference in your monthly mortgage payment. As interest rates rise, you’ll need to look at a lower-priced home to try and keep the same target monthly payment, meaning you may end up with less home for your money. No matter what, whether you’re looking to make a move up or downsize to a home that better suits your needs, now is the time. Even a small change in interest rates can have a big impact on your purchasing power. https://www.lyntrayte.com/blog/buyers-options-are-improving monthly 0.5 2021-07-16 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626459467958-GIBTCJK8RAJ35D0CA64F/20210716-MEM.png Blog - Buyers Options are Improving - Make it stand out If you’re searching for a home, rising inventory is welcome news. Let’s connect today to discuss new listings in our area. https://www.lyntrayte.com/blog/why-this-isnt-your-typical-summer-housing-market monthly 0.5 2021-07-13 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626218550862-3HA3K0UGT6TKKDC99XUD/20210713-KCM-Share.jpg Blog - Why This Isn't Your Typical Summer Housing Market - Make it stand out In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how this summer is stacking up against the norm and what it means for you. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626218693381-8Q2WD85Y39UP5CSGFW7S/kcm-infographic-1626218571.png Blog - Why This Isn't Your Typical Summer Housing Market - Make it stand out Inventory is increasing. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), inventory levels have been rising since February of this year. Looking at the graph below, there’s a clear upward trend, as shown in the green bars. Currently, there’s roughly a 2.5 months’ supply of homes for sale. And while inventory is trending up as more houses are coming to the market, it’s still much lower than several of the previous summers, as the orange bars indicate. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626218746414-02GF8N2L3LSJ9EG0R364/kcm-infographic-1626218601.png Blog - Why This Isn't Your Typical Summer Housing Market - Make it stand out If you’re looking to buy, some relief is on the way in the form of more homes coming to the market. Just remember, we still have less inventory than the norm, so be patient in your search. If you’re thinking of selling, now is the time. Work with your agent to list your house before it has more competition on the market. Time on the market is still shorter than normal. Unlike the typical summer trend, time on the market is moving at the fastest speed we’ve seen since NAR started collecting this survey-based information in 2011. The most recent Realtors Confidence Index shows that the average home is on the market for just 17 days, as shown in green in the graph below. This means houses are selling at a much faster pace than a typical summer, which the orange bars represent. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626218807565-2YOP2BB6D90J2KOD937O/kcm-infographic-1626218622.png Blog - Why This Isn't Your Typical Summer Housing Market - Make it stand out If you’re looking to buy, this means you need to be prepared to move fast. Brace for a quick pace and rely on your agent to stay in the know on the available homes in your area. If you’re thinking of selling, data shows your house will likely sell quickly. If you’re worried about where you’ll go once your house sells, consider a newly built home as a good way to move up. Price appreciation is still rising. The last big factor making this an unusually strong market this summer is home price appreciation. According to the State House Price Index from the Federal Housing Finance Agency (FHFA), we’re currently experiencing double-digit house price appreciation and have an average of 12.6% appreciation across the country. The graph below uses data from NAR to show a more granular view of how prices have changed month-to-month over the past few years. The green bars show the current price appreciation we’re experiencing today. Our current levels are well above what we’ve seen in recent summers, shown by the orange bars. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626218847155-73Y0ZABKBW5ZKTGVKEWG/kcm-infographic-1626218642.png Blog - Why This Isn't Your Typical Summer Housing Market - Make it stand out If you’re looking to buy, competition and bidding wars are driving prices up. Getting pre-approved can show the seller you’re serious and help you know what you can afford. Once you do, work with your agent to make a strong offer that stands out. If you’re thinking of selling, seize this opportunity to use your additional equity from this price appreciation to power your next move. Bottom Line This isn’t a typical summer. Whether you’re buying or selling, let’s connect to talk about how you can capitalize on today’s market conditions to sell your house or find your dream home. https://www.lyntrayte.com/blog/selling-your-house-make-sure-you-price-it-right monthly 0.5 2021-07-13 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626046935761-VE85FQ0X0WKNF37Q2I67/20171009222340365991000000-o+%282%29.jpg Blog - Selling Your House? Make Sure You Price It Right. - Make it stand out There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick from. 54% of offers are over the asking price. Because so many buyers are competing for so few homes, bidding wars are driving up home prices. According to an average of leading expert projections, existing home prices are expected to increase by 8.9% this year. Yet even in today’s red-hot sellers’ market, it’s important to price your house right. While it may be tempting to price your house on the high side to capitalize on this trend, doing so could limit your house’s potential. Why Pricing Your House Right Matters Here’s the thing – a high price tag doesn’t mean you’re going to cash in big on the sale. While you may be trying to maximize your return, the tradeoff may be steep. A high list price is more likely to deter buyers, sit on the market longer, or require a price drop that can raise questions among prospective buyers. Instead, focus on setting a price that’s fair. Real estate professionals know the value of your home. By pricing your house based on its current condition and similar homes that have recently sold in your area, your agent can help you set a price that’s realistic and obtainable – and that’s good news for you and for buyers. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1626047126109-RP9KDS03KXXD9Q2987C9/kcm-infographic-1626047067.png Blog - Selling Your House? Make Sure You Price It Right. - Make it stand out When you price your house right, you increase your home’s visibility, which drives more buyers to your front door. The more buyers that tour your home, the more likely you’ll have a multi-offer scenario to create a bidding war. When multiple buyers compete for your house, that sets you up for a bigger win. Bottom Line When it comes to pricing your house, working with a local real estate professional is essential. Let’s connect so we can optimize your exposure, your timeline, and the return on your investment, too. https://www.lyntrayte.com/blog/a-look-at-home-price-appreciation-through-2024-1 monthly 0.5 2021-07-06 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1625606439196-O6X9FH6SOSJIXHDRQBGC/20210706-KCM-Share.jpg Blog - A Look at Home Price Appreciation Through 2024 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1625606506845-TDLELN4DMR9WAVO1W1DK/kcm-infographic-1625604563.png Blog - A Look at Home Price Appreciation Through 2024 - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1625606577024-6PUTLA9HQW7ZQ3SBW29E/20210706-MEM-Eng-2.png Blog - A Look at Home Price Appreciation Through 2024 - Make it stand out Home Price Appreciation and Home Equity CoreLogic recently released their quarterly Homeowner Equity Insights Report, which tracks the year-over-year increases in equity. It shows an average annual gain of $33,400 per borrower over the past 12 months. In the report, Dr. Frank Nothaft, Chief Economist for CoreLogic, further explains: “Double-digit home price growth in the past year has bolstered home equity to a record amount. The national CoreLogic Home Price Index recorded an 11.4% rise in the year through March 2021, leading to a $216,000 increase in the average amount of equity held by homeowners with a mortgage.” The expected, sustained growth of home prices means homeowners can continue to build on the past year’s record levels of home equity – and their financial prosperity. It also presents today’s homeowners with a unique opportunity: using their growing equity for a home upgrade. With so few homes available to purchase and strong buyer demand, there may not be a better time to sell your current house and move into one that better meets your needs. Bottom Line Home prices are expected to continue appreciating over the next five years, and the associated equity gains are the quickest way homeowners can build household wealth. If you’re a current homeowner who’s ready to take advantage of your built-up equity, let’s connect today to discuss your options. https://www.lyntrayte.com/blog/what-to-expect-as-appraisal-gaps-grow monthly 0.5 2021-06-30 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1625072494429-VSYKLKG9GFS7G6GL78KL/20210629-KCM-Share.jpg Blog - What to Expect as Appraisal Gaps Grow - Make it stand out In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” While this is great news for today’s sellers, it can be tricky to navigate if the price of your contract doesn’t match up with the appraisal for the house. It’s called an appraisal gap, and it’s happening more in today’s market than the norm. According to recent data from CoreLogic, 19% of homes had their appraised value come in below the contract price in April of this year. That’s more than double the percentage in each of the two previous Aprils. The chart below uses the latest insights from NAR’s Realtors Confidence Index to showcase how often an issue with an appraisal slowed or stalled the momentum of a house sale in May of this year compared to May of last year. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1625072536859-7S708GFF5ADKHCO0RQNA/kcm-infographic-1625072045.png Blog - What to Expect as Appraisal Gaps Grow - Make it stand out If an appraisal comes in below the contract price, the buyer’s lender won’t loan them more than the house’s appraised value. That means there’s going to be a gap between the amount of loan the buyer can secure and the contract price on the house. In this situation, both the buyer and seller have a vested interest in making sure the sale moves forward with little to no delay. The seller will want to make sure the deal closes, and the buyer won’t want to risk losing the home. That’s why it’s common for sellers to ask the buyer to make up the difference themselves in today’s competitive market. Bottom Line Whether you’re buying or selling, let’s connect so you have an ally throughout the process to help you navigate the unexpected, including appraisal gaps. https://www.lyntrayte.com/blog/homeowner-wealth-increases-through-growing-equity-this-year monthly 0.5 2021-06-23 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1624489530155-U7UFNYRZ302IQ957GB0Y/20210623-KCM-Share.jpg Blog - Homeowner Wealth Increases Through Growing Equity This Year - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1624489701650-HCT0G9KTLOYESP116NM6/kcm-infographic-1624489423.png Blog - Homeowner Wealth Increases Through Growing Equity This Year - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/5-things-homebuyers-need-to-know-when-making-and-offer monthly 0.5 2021-06-21 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1624316305487-XI5D1GZQXZIEWVDTGG7F/20210621-KCM-Share.jpg Blog - 5 Things Homebuyers Need To Know When Making and Offer - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/the-right-expert-will-guide-you-through-this-unprecedented-market monthly 0.5 2021-06-14 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1623701871766-3N93S1OWWO5SAT400210/20210614-KCM-Share.jpg Blog - The Right Expert Will Guide You Through This Unprecedented Market - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/why-is-this-not-like-2008-again monthly 0.5 2021-06-10 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1623345158707-6SP92H5SL7DZ8JMPW9Z5/20210610-KCM-Share.jpg Blog - Why is This Not Like 2008 Again - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1623345199071-MXL69UL3JISBUX98FMC0/kcm-infographic-1623344954.png Blog - Why is This Not Like 2008 Again - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/in-todays-market-listing-prices-are-like-an-auctions-reserve-price monthly 0.5 2021-06-08 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1623183375405-6N58WOMLJ7L33MYUQICV/20210608-KCM-Share.jpg Blog - In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/why-you-may-want-to-cash-in-on-your-second-home monthly 0.5 2021-06-07 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1623080135169-X4NKIS5Z16ILT3V0XW4X/20210607-KCM-Share.jpg Blog - .Why You May Want To Cash in on Your Second Home - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/whats-motivating-people-to-move-right-now monthly 0.5 2021-06-03 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1622759733914-VRQ5LXZ5QKT9T7WR9IEA/20210602-KCM-Share.jpg Blog - What’s Motivating People To Move Right Now? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/where-do-experts-say-the-housing-market-is-heading monthly 0.5 2021-05-25 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1621957218542-2XYMD4D26BX0464IGQHR/20210525-KCM-Share.jpg Blog - Where Do Experts Say the Housing Market Is Heading? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/should-i-move-or-refinance-my-home monthly 0.5 2021-05-21 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1621615786649-Z2X7HXOCS7RBOI8CDDQB/20210520-KCM-Share.jpg Blog - Should I Move or Refinance my Home? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/experts-say-home-prices-will-continue-to-appreciate monthly 0.5 2021-05-11 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620760811032-WELTMC1DV9G88PRRL317/20210511-KCM-Share.jpg Blog - Experts Say Home Prices Will Continue to Appreciate - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.lyntrayte.com/blog/3-graphs-showing-why-you-should-sell-your-house-now monthly 0.5 2021-05-10 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620661368665-9EQJCFNKVEJ5CSIPC54U/20210510-KCM-Share.jpg Blog - 3 Graphs Showing Why You Should Sell Your House Now https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620661407709-KKTXAPD4LA9892ZXD5S3/20210510-MEM-Eng-1.png Blog - 3 Graphs Showing Why You Should Sell Your House Now https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620661468029-F0UGGVOMUM3YO1J697ZX/20210510-MEM-Eng-2.png Blog - 3 Graphs Showing Why You Should Sell Your House Now High buyer interest is creating a major imbalance between supply and demand, but as the small uptick in inventory shows, sellers are beginning to reenter the market. Selling your house now enables you to take advantage of buyer demand and get the most attention for your house – before more listings come to the market later this year. 2. Frequent Bidding Wars As a result of the supply and demand imbalance, homebuyers are entering bidding wars at an accelerating rate. NAR reports the average number of bids received on the most recently closed sales is 4.8 offers. This number has doubled since the first quarter of 2020 (See graph below): https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620661524382-JVU6Q0DG1R5A3H95AI8I/20210510-MEM-Eng-3.png Blog - 3 Graphs Showing Why You Should Sell Your House Now NAR Chief Economist Lawrence Yun explains: “The sales for March would have been measurably higher, had there been more inventory…Days-on-market are swift, multiple offers are prevalent, and buyer confidence is rising.” Bottom Line If you’re thinking about moving, these three graphs clearly show that it’s a great time to sell your house. Let’s connect today so you can learn more about the opportunities in our local area. https://www.lyntrayte.com/blog/why-waiting-to-buy-a-home-could-cost-you-a-small-fortune monthly 0.5 2021-05-06 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1620344616057-L2DQJLLEQ6BNZL4B1YS6/20210506-KCM-Share.jpg Blog - Why Waiting to Buy a Home Could Cost You a Small Fortune https://www.lyntrayte.com/blog/will-the-housing-market-maintain-momendum monthly 0.5 2021-04-28 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1619625262260-M9IJRG8U5RDD83GSAMLR/20210427-KCM-Share.jpg Blog - Will The Housing Market Maintain Momendum https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1619625469575-L52M8XAGRUPKA0B950KO/20210427-MEM-Eng-1.png Blog - Will The Housing Market Maintain Momendum Bottom Line Living through a pandemic has caused many to re-evaluate the importance of a home and the value of homeownership. The residential real estate market will benefit from both as we move forward. https://www.lyntrayte.com/blog/are-we-in-a-real-estate-bubble monthly 0.5 2021-04-23 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1619201000763-YVPO0XQLVBGR7W98QY4F/20210423-MEM.png Blog - Are We In a Real Estate Bubble? https://www.lyntrayte.com/blog/homeownership-is-full-of-financial-benefits monthly 0.5 2021-04-09 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617991626557-HCMO5S5PSTJVHXC9JJ2X/20210408-KCM-Share.jpg Blog - Homeownership Is Full of Financial Benefits https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617991768156-WYI7NAFZ80IE7XMU1MZ8/kcm-infographic-1617991497.png Blog - Homeownership Is Full of Financial Benefits https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617991831652-R02O120TC5P7R50PVE0F/kcm-infographic-1615484324.png Blog - Homeownership Is Full of Financial Benefits Others may think homeowners are older and that’s why they have a greater net worth. However, a Joint Center for Housing Studies of Harvard University report on homeowners and renters over the age of 65 reveals: “The ability to build equity puts homeowners far ahead of renters in terms of household wealth…the median owner age 65 and over had home equity of $143,500 and net wealth of $319,200. By comparison, the net wealth of the same-age renter was just $6,700.” Homeowners 65 and older have 47.6 times greater net worth than renters. Bottom Line The idea of homeownership as a direct way to build your net worth has met the test of time. Let’s connect if you’re ready to take steps toward becoming a homeowner https://www.lyntrayte.com/blog/your-tax-refund-and-stimulus-savings-may-help-you-achieve-homeownership-this-year monthly 0.5 2021-04-05 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617661353857-B6KQWMA08FT9L9FSE38R/20210405-KCM-Share.jpg Blog - Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617661465317-QV49HYXSIOAC5TBHXJGT/kcm-infographic-1617661198.png Blog - Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year Thanks to programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae, many first-time buyers can purchase a home with as little as 3% down. In addition, Veterans Affairs Loans allow many veterans to put 0% down. You may have heard the common myth that you need to put 20% down when you buy a home, but thankfully for most homebuyers, a 20% down payment isn’t actually required. It’s important to work with your real estate professional and your lender to understand all of your options. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617661561610-THX094APMS5STSDRVNB4/kcm-infographic-1617661251.png Blog - Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year https://www.lyntrayte.com/blog/what-it-means-to-be-in-a-sellers-market monthly 0.5 2021-03-29 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617051058631-6WXAE9WZPO8AZJAXFK29/001_Front.jpg Blog - What It Means To Be in a Sellers’ Market https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1617051679865-7FXVY0294NLEH9TMEK87/20210329-MEM-Eng-1.png Blog - What It Means To Be in a Sellers’ Market https://www.lyntrayte.com/blog/buyer-amp-seller-perks-in-todays-housing-market monthly 0.5 2021-03-25 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1616686274722-C0COH8TBZ3KH7THKFC2F/20210325-KCM-Share.jpg Blog - Buyer & Seller "Perks" in Today’s Housing Market https://www.lyntrayte.com/blog/why-you-should-think-about-listing-prices-like-an-auctions-reserve-price monthly 0.5 2021-03-24 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1616603876511-4BA5YDIKG6TG33MGPT7Z/20210324-KCM-Share.jpg Blog - Why You Should Think About Listing Prices Like an Auction’s Reserve Price https://www.lyntrayte.com/blog/how-to-make-winning-offer-on-a-home monthly 0.5 2021-03-18 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1616087560052-EILIZ4XFAFN9NFQW60KQ/20210315-KCM-Share.jpg Blog - How to Make Winning Offer on a Home https://www.lyntrayte.com/blog/6-simple-graphs-proving-this-is-nothing-like-last-time monthly 0.5 2021-03-11 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615484812989-DV3P477HY2LRSLVPTOX9/20210310-KCM-Share.jpg Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485002480-5JR51IUULG6O6Y32PFQX/kcm-infographic-1615484250.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time This is nothing like the last time…. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485065561-QA5MCJZULVQKX6F9TTDF/kcm-infographic-1615484262.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time There’s a stark difference between these two periods of time. Normal appreciation is 3.8%. So, while current appreciation is higher than the historic norm, it’s certainly not accelerating out of control as it did in the early 2000s. This is nothing like the last time….. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485127420-N1T9HJ4WTVJGFH4R8BBB/kcm-infographic-1615484276.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time This is nothing like the last time….. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485214626-FWVPVRW1XSP6MRFLJNVQ/kcm-infographic-1615484297.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time This is nothing like the last time….. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485288555-K02EHV4SR6ODB85WHT2O/kcm-infographic-1615484313.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time As Mark Fleming, Chief Economist for First American, explains: “Lower mortgage interest rates and rising incomes correspond with higher house prices as home buyers can afford to borrow and buy more. If housing is appropriately valued, house-buying power should equal or outpace the median sale price of a home. Looking back at the bubble years, house prices exceeded house-buying power in 2006, but today house-buying power is nearly twice as high as the median sale price nationally.” This is nothing like the last time. https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1615485359766-6EGDR0RFBX5T8Y677TOP/kcm-infographic-1615484324.png Blog - 6 Simple Graphs Proving This Is Nothing Like Last Time https://www.lyntrayte.com/blog/home-prices-what-happened-in-2020-what-will-happen-this-year monthly 0.5 2021-03-02 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1614707148050-V9VF4CV2NSUVM49LQXDX/20210302-KCM-Share.jpg Blog - Home Prices: What Happened in 2020? What Will Happen This Year? https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1614707535161-T49NL21GNXL0H0B8ERLR/kcm-infographic-1614707410.png Blog - Home Prices: What Happened in 2020? What Will Happen This Year? https://www.lyntrayte.com/blog/the-best-time-to-sell-or-buy-is-now monthly 0.5 2021-02-26 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1614359379032-U187YN77UH6OOGOEYRNT/20210226-MEM.png Blog - The Best time to Sell (or Buy) is NOW!!! https://www.lyntrayte.com/blog/where-have-all-the-houses-gone monthly 0.5 2021-02-22 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1614010771947-49TB7C4BKRVY596TJCHJ/20210222-KCM-Share.jpg Blog - Where Have All the Houses Gone? https://www.lyntrayte.com/blog/home-mortgage-rates-over-the-decades monthly 0.5 2021-02-19 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1613753443850-76BS1C27VS9SGPC0PHYX/20210219-MEM-1331x1536.png Blog - Home Mortgage Rates over the Decades https://www.lyntrayte.com/blog/will-low-mortgage-rates-continue-through-2021 monthly 0.5 2021-02-18 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1613664392911-QEDJ2X15AON4XC53JGGT/20210218-KCM-Share.jpg Blog - Will Low Mortgage Rates Continue through 2021? https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1613664487441-FFT28BEQQ49EFHS3NJAZ/20210218-MEM-Eng-1.jpg Blog - Will Low Mortgage Rates Continue through 2021? https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1613664610185-6Q9LNPOALFR7RC1FTNWT/20210218-MEM-Eng-2.jpg Blog - Will Low Mortgage Rates Continue through 2021? https://www.lyntrayte.com/blog/3-ways-youll-win-when-you-buy-a-home-this-year monthly 0.5 2021-02-15 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1613421033529-WLF0CNP08NFTEDGRYGA5/20210215-KCM-Share.jpg Blog - 3 Ways You’ll Win When You Buy a Home This Year https://www.lyntrayte.com/blog/jgypphcjcytb59bt3row0pw9y8zitk monthly 0.5 2021-02-10 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1612987027215-V3XH5QCMZGGN0KSDDR5Z/20210208-KCM-Share.jpg Blog - 6 Foundational Benefits of Homeownership Today https://www.lyntrayte.com/blog/3-reasons-were-definitely-not-in-a-housing-bubble monthly 0.5 2021-02-09 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1612896715807-MRJHQN5WL7P6D0B0AJRD/20210209-KCM-Share.jpg Blog - 3 Reasons We’re Definitely Not in a Housing Bubble https://www.lyntrayte.com/blog/turn-to-an-expert-for-the-best-advice-not-perfect-advice monthly 0.5 2021-02-01 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1612221156839-10678A3VSV2H41P81IQ3/20210201-KCM-Share.jpg Blog - Turn to an Expert for the Best Advice, Not Perfect Advice https://www.lyntrayte.com/blog/yymqodi38novrwc6z85d99cujrsez1 monthly 0.5 2021-02-09 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1611935210310-SO5R1F7WID0AUEHD9V1F/20210129-MEM.png Blog - Is Now the Right Time to Sell my House? Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd. Let’s connect today to get your homebuying process underway. https://www.lyntrayte.com/blog/what-record-low-housing-inventory-means-for-you monthly 0.5 2021-01-29 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1611860110659-PW0XNY5KAIJEELOR6ELZ/20210128-KCM-Share.jpg Blog - What Record-Low Housing Inventory Means for You https://www.lyntrayte.com/blog/why-moving-may-be-just-the-boost-you-need monthly 0.5 2021-01-25 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1611592789106-9JWAZIEI2ON5TPNJGRM0/20210118-KCM-Share.jpg Blog - Why Moving May Be Just the Boost You Need https://www.lyntrayte.com/blog/owning-a-home-is-still-more-affordable-than-renting-one monthly 0.5 2021-01-20 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1611166705478-S13JY2M6Z0VCJH5PTTOT/20210120-KCM-Share.jpg Blog - Owning a Home Is Still More Affordable Than Renting One https://www.lyntrayte.com/blog/will-forbearance-plans-lead-to-a-tsunami-of-foreclosures monthly 0.5 2021-01-14 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1610667589942-CQVF4QHK2U62T9DX42N1/20210113-KCM-Share.jpg Blog - Will Forbearance Plans Lead to a Tsunami of Foreclosures? https://www.lyntrayte.com/blog/what-does-2021-have-in-store-for-home-values monthly 0.5 2021-01-12 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1610466123066-GTP0OBV4G2IVOI8P4A4C/20200922-KCM-Share.jpg Blog - What Does 2021 Have in Store for Home Values? https://www.lyntrayte.com/blog/3-must-dos-when-selling-your-house-this-year monthly 0.5 2021-01-04 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1609783900282-0F4VMRSF06XH4PXDE9CI/20210104-KCM-Share.jpg Blog - 3 Must-Do’s When Selling Your House This Year https://www.lyntrayte.com/blog/four-expert-views-on-the-2021-housing-market monthly 0.5 2021-01-01 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1609530900266-SHULHBSTW20LFQSV91G2/20201231-KCM-Share.jpg Blog - Four Expert Views on the 2021 Housing Market https://www.lyntrayte.com/blog/the-holidays-arent-stopping-homebuyers-this-year monthly 0.5 2020-12-15 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1608071065057-N9Q4YCFXBWQ7ZJIQVLSD/20201215-KCM-Share.jpg Blog - The Holidays Aren’t Stopping Homebuyers This Year Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. Each month, ShowingTime releases their Showing Index which tracks the average number of appointments received on active U.S. house listings. The most recent index notes: “The Showing Index reported a 60.9 percent jump in nationwide showing traffic year over year in October, the sixth consecutive month to see an increase over last year.” Here’s the breakdown of the latest activity by region of the country compared to this time last year: The Northeast increased by 65.5% The West increased by 64.7% The Midwest increased by 55.7% The South increased by 54.7% Why is the traffic so active? The health crisis definitely put homebuying plans on pause for many earlier this year. Buyers, however, are in the market and making moves well past the typical busy homebuying seasons of spring and summer. One of the main reasons buyer traffic has continued to soar in the second half of 2020 is how dramatically mortgage rates have fallen. According to Freddie Mac, the average mortgage rate last December was 3.72%. Today, the rate is a full percentage point lower. Bottom Line There are first-time, move-up, and move-down buyers actively looking for the home of their dreams this winter. If you’re thinking of selling your house in 2021, you don’t need to wait until the spring to do it. Your potential buyer is very likely searching for a home in your neighborhood right now. https://www.lyntrayte.com/blog/why-it-makes-sense-to-sell-your-house-this-holiday-season monthly 0.5 2020-12-13 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1607875432163-A7AH50UQ1IZ84I8H3ESP/20201208-KCM-Share.jpg Blog - Why It Makes Sense to Sell Your House This Holiday Season https://www.lyntrayte.com/blog/winning-as-a-buyer-in-a-sellers-market monthly 0.5 2020-12-12 https://images.squarespace-cdn.com/content/v1/5eaaf2041d8a4a46f5f3c9f4/1607809061133-1B1CENFCGQ10EOFWEHYM/20201211-MEM.png Blog - Winning as a Buyer in a Seller's Market Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle. Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers. 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I now have over 6 months of experience selling houses during the pandemic and can make the process easier and safer for you today. COVID-19 protocols and technology usage recommendations from the National Association of Realtors (NAR) are making it possible to sell houses right now, while agents continue to abide first and foremost by state and local regulations. 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