House Talk

Eighty-eight percent of properties sold in less than a month, with the average home lasting on the market for 17 days in April, the National Association of Realtors® Confidence Index Survey for April, which surveys NAR members, found.

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come.

If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.

Not every day, but many days, my clients ask me about credit scores. Here’s some good advice: Your credit score is a determining factor in whether you obtain financing and at what cost.

The pandemic has altered our lives over the past year, and homeowners’ choice in furnishings and remodeling is reflecting that. Once timely features are losing popularity, while features once considered trendy may be here to stay. While open floor plans have been consistently popular over the years, Tim Bakke, director of publishing at The Plan Collection, said since the start of the pandemic, there has been an increase in more dividers in homes.

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth.

Deciding to put your house on the real estate market means a change in mindset from what is your home to what is a product. To maximize your investment, you need to do things you might not realize or want. The most important consideration when preparing your home for sale is selecting the changes having the least cost with the most benefit.

As a Main Line Real estate agent, I often hear, “We like to research the homes for sale in the area online and then go to open houses to see what our money will get us. We see no reason to hire an agent for that. We don’t want to waste their time until we see something really good.”

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.