Skip To Content

Monthly Archives: August 2023

    Where Are People Moving Today and Why?

    By Spectrum Real Estate Consultants | August 31, 2023

    Where Are People Moving Today and Why? Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re... Read More

    Don’t Expect a Flood of Foreclosures

    By Spectrum Real Estate Consultants | August 29, 2023

    Don’t Expect a Flood of Foreclosures The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a... Read More

    People Want Less Expensive Homes – And Builders Are Responding

    By Spectrum Real Estate Consultants | August 24, 2023

    People Want Less Expensive Homes – And Builders Are Responding In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with... Read More

    Equity Is a Game Changer for Homeowners Looking To Sell

    By Spectrum Real Estate Consultants | August 22, 2023

    Equity Is a Game Changer for Homeowners Looking To Sell If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to... Read More

    About 11,000 Houses Will Sell Today

    By Spectrum Real Estate Consultants | August 17, 2023

    About 11,000 Houses Will Sell Today Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you... Read More

    The Value of an Agent When Buying Your New Construction Home

    By Spectrum Real Estate Consultants | August 15, 2023

    The Value of an Agent When Buying Your New Construction Home Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is... Read More

    Four Ways You Can Use Your Home Equity

    By Spectrum Real Estate Consultants | August 10, 2023

    Four Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think. According to the latest Equity... Read More

    Why the Median Home Price Is Meaningless in Today’s Market

    By Spectrum Real Estate Consultants | August 3, 2023

    Why the Median Home Price Is Meaningless in Today’s Market The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing,... Read More