Greg King

Greg King

National Association of Realtors ShortSale Foreclosure Resource
S.0070665.LLC

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Homeowner Wealth Increases With Growing Equity This Year

By G.King - August 16, 2021
  Homeowner Wealth Increases Through Growing-Equity This Year   Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing; author Mike Loftin illustrat

Pre-Approval Makes All the Difference When Buying a Home

By G.King - August 13, 2021
  Pre-Approval Makes All the Difference When Buying a Home   You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear und

5 Things Homebuyers Need To Know When Making a Offer

By G.King - August 11, 2021
  5 Things Homebuyers Need To Know When Making an Offer   When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market, there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are

Housing Wealth The Missing Piece of the Affordability Equation

By G.King - August 09, 2021
  Housing Wealth: The Missing Piece of the Affordability Equation   The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start ques

Don’t Wait To Sell Your House

By G.King - August 06, 2021
  Don’t Wait To Sell Your House.   We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those ready to do so. Whatever the move you want to make looks like, here&rsq

Hope on the Horizon for Today’s Housing Shortage

By G.King - August 04, 2021
  Hope Is on the Horizon for Today’s Housing Shortage   The major challenge in today’s housing market is that more buyers are looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over indicates it’s a buyers’ market, but an inventory leve

The Right Expert Will Guide You Through This Unprecedented Market

By G.King - August 02, 2021
  The Right Expert Will Guide You Through This Unprecedented Market   In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or taking the first steps when you’re ready to buy. However, the market we’re in

Why This Is Not Like 2008 Again

By G.King - July 30, 2021
  Why This Is Not Like 2008 Again   During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and much more bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small

Home Price Appreciation as Simple as Supply and Demand

By G.King - July 28, 2021
  Home Price Appreciation Is as Simple as Supply and Demand   Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

By G.King - July 26, 2021
  In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price   For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to det

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