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Important Distinction: Homes Are Less Affordable, Not Unaffordable

dolanorourke
October 21, 2021

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the

Looking To Move? It Could Be Time To Build Your Dream Home.

dolanorourke
October 20, 2021

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

dolanorourke
October 18, 2021

Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places

Homebuyer Tips for Finding the One [INFOGRAPHIC]

dolanorourke
October 15, 2021

Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your search. Then, once you’ve fallen in love, commit by putting your best offer forward. If you’re

What Do Past Years Tell Us About Today’s Real Estate Market?

dolanorourke
October 14, 2021

As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean? The housing market today

The Big Question: Should You Renovate or Move?

dolanorourke
October 13, 2021

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

dolanorourke
October 12, 2021

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the

Experts Agree: Homeownership Provides a Path to Long-Term Wealth

dolanorourke
October 11, 2021

A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say

What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

dolanorourke
October 8, 2021

Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of selling, let’s connect to talk about