Latest news

Millennials and GenZ stepping up to housing in 2021

By Kristi Bailey, President / January 10, 2021

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…

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Looking back at 2020

By Kristi Bailey, President / January 3, 2021

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…

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Looking for housing info – focus on local, local, local

By Kristi Bailey, President / December 26, 2020

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…

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How well have new FHA financing rules for condos worked?

By Kristi Bailey, President / December 20, 2020

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…

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2020 a year of rapid change, new housing market records

By Kristi Bailey, President / December 13, 2020

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…

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Remodeling is an approach to get what you need and want

By Kristi Bailey, President / December 6, 2020

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…

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Days on market metric plays dual housing role

By Kristi Bailey, President / November 28, 2020

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…

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Home prices stay in the double-digit increase zone

By Kristi Bailey, President / November 21, 2020

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…

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It looks like housing market will have a hot winter

By Kristi Bailey, President / November 14, 2020

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…

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How to avoid closing costs sticker shock

By Kristi Bailey, President / November 8, 2020

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…

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