It may feel as if the housing recovery is slowing to certain finality, but its overall health is still improving. Existing home sales have been declining monthly and new homes starts have fallen flat – but year over year, the local housing market is still showing growth. As we see areawide increases in price cuts and accessibility begins to improve, the market will continue to strengthen as affordability constraints ease up, even as mortgage rates continue to rise.
The Transition to a Buyer’s Market
Surges in both mortgage rates and demand, coupled with a lack of supply, brought steady hikes in sale prices in 2018. While 2019 will continue to bring healthy growth, home value increases will stabilize, making
Thinking about doing a remodel to add value to your home? Here are some questions to ask:
11 Questions to Ask an Architect or a Building Designer
Remodeling will add value to your home in multiple ways. While you are still living in the home, you will enjoy the refreshed look of a remodel / update of any room. Kitchens and bathrooms will bring you the most return on your investment when you are ready to sell. Buyers are more interested in purchasing a home that is already "done" as opposed to one with "potential" and "projects". Once your remodel is completed, the equity in your home will increase and continue to do so in accordance with current market conditions. You will see this benefit when you sell your home. Now is a great