Posts by Kristi Bailey, President

By KRISTI BAILEY The largest generations in history will step up their influence on the housing industry in 2021.  Millennials have already dominated the first-time buyer ranks, but the leading…

By KRISTI BAILEY As we all celebrated the coming of the new year, all signs pointed to it being a great year of smooth sailing for 2020. Nothing could have…

The current headlines about home sales and prices are eye-popping, though customers have become wary.  Firstly, the data set in which we use to calculate statistics is not national; it…

By KRISTI BAILEY New FHA financing rules for condominiums were put in place late last year to open ownership to more first-time buyers. It was a pre-pandemic decision when it…

By KRISTI BAILEY In a couple of weeks, we can close the books on the 2020 housing market. Sales and price appreciation are at an all-time high, according to November’s…

By KRISTI BAILEY Studies show that many buyers prefer a home 10 years old or less, but that may not always doable in today’s local market.   According to the latest…

By KRISTI BAILEY There used to be a real estate rule of thumb that said during normal market conditions meant a six-month inventory of homes for sale, which we have…

By KRISTI BAILEY Local home prices have increased by double digits so far this year despite the pandemic, high unemployment, and a hotly contested presidential election. The area median year-to-date…

By KRISTI BAILEY The weather may be cooling off, but it looks like this will be a hot winter for the local housing market. The housing market continues to be…

By KRISTI BAILEY Closing costs are an all-too-common surprise for some homebuyers. Their focus was on finding their next home, getting a good deal, and the other things that come…