Suzanne's Blog
Chasing The Ball Down The Road In Real Estate
Sellers have been chasing the ball down the road. What I mean is prices have been going down lately, and sellers are trying to find the market through price reductions. I can’t speak for the entire country, but I’d like to talk about what’s happening locally. I’m not writing as a housing bull or bear […]
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US Home-Price Growth Slowed in June
Home-price growth in the US decelerated in June as the sales slowdown gripped the market. A national measure of prices rose 18% year-over-year, smaller than the 19.9% climb in May, the S&P CoreLogic Case-Shiller index showed Tuesday. The housing market has quickly slowed from its pandemic-era frenzy, with the Case-Shiller figures reflecting the start of […]
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Economists Have a Strange New Buzzword for the Housing Market That Will Shock Buyers and Sellers
The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced. This term cropped up most recently in an analysis by Realtor.com economist Jiayi Xu, who notes, “Our weekly data suggests that the U.S. housing market keeps progressing toward a more […]
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Amid Good News, There’s a Crucial Housing Market Detail We’re All Overlooking
Recent real estate headlines are bursting with promising news for homebuyers, heralding a bright new housing market that’s more “balanced” and “buyer-friendly.” But what this exuberant outlook seems to be missing is a bit more balance itself. Yes, homebuyers have it a little bit better, in some places. But for others, it’s still a war zone—or, at […]
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Fences and Other Shared Costs With Neighbors: Who Is Responsible?
When it comes to figuring out who is responsible for fences and other shared costs between neighbors, sometimes the legal responsibility depends on your state of residence and its local regulations. Here’s how to determine if a homeowner or neighbor should assume partial or full responsibility for situations where there is a shared outdoor-related expense. Review Local […]
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Advice for buyers & sellers in today’s housing market by Ryan Lundquist
ADVICE FOR BUYERS: Don’t lowball like it’s 2008: It’s not a name-your-price market, so you still have to make reasonable offers instead of way below market value. I find some buyers think it’s 2008, and that’s not the vibe right now. For instance, a property was priced well at $450,000 and a buyer offered $320,000 (final closed […]
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‘One actionable thing’ that can save prospective homebuyers up to $104,000 over the life of their mortgage
As today’s prospective home buyers confront high home prices and rising interest rates, there’s one thing they can do to save money — raise their credit scores. “This is one actionable thing buyers can do to save a little bit of money in this market,” said Amanda Pendleton, consumer finance expert at Zillow Home Loans. […]
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Housing Bubble Fears?
This spring, about 45% of home sellers said they believed the housing market was headed for a crash in 2022, according to a study from Clever Real Estate. To boot, Google Trends data shows a significant spike in searches for the term “housing bubble.” Doomsday fears are mounting as record-high home prices make more consumers and […]
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