Greg King

Greg King

National Association of Realtors ShortSale Foreclosure Resource


Why 2021 Is Still the Year To Sell Your House

By G.King - October 29, 2021
  If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s an excellent time to sell is higher now than it was over the past few summers (see graph below). Today, the m

What Do Experts Say About Today’s Mortgage Rates?

By G.King - October 27, 2021
  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.     Generally speaking, when rates are low, you can afford more homes for your money. That’s why experts across the industry agree – today’s low rates

More Young People Are Buying Homes

By G.King - October 25, 2021
  There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home because of this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their

What Does Being in a Sellers’ Market Mean?

By G.King - October 22, 2021
  Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a severe sellers’ market. But what does that mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest Existing Home Sales Report from the&nbs

A Look at Home Price Appreciation and What It Means for Sellers

By G.King - October 20, 2021
  When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past the dollar signs and dive deeper into the concept. To truly understand home price appreciation, you need to kno

The Best Use of Time (and Money) When It Comes to Renovations

By G.King - October 18, 2021
  In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Here are some considerations a p

Are Houses Less Affordable Than They Were in Past Decades?

By G.King - October 15, 2021
    There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s essential to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens if we go back to 1985? Or even 1975? The price of a home

Looking for a Place To Call Home? Consider a Condominium.

By G.King - October 13, 2021
    It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. Trends indicate condos are gaining popularity among buyers. In t

The Community and Economic Impacts of a Home Sale

By G.King - October 11, 2021
    If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a significant impact on your community and the en

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

By G.King - October 08, 2021
    In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting their preferences back to exi




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