by Alli Roth | Mar 6, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update, McCormick Ranch Real Estate
With 52 McCormick Ranch homes sold in February, we are kicking off 2020 in a hot market! That is 32 more closings than the previous month and 67% more than the number of homes sold in February of 2019. Inventory is at a near-historic low (and could drop lower), but...
by Alli Roth | Mar 5, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update, McCormick Ranch Real Estate
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have...
by Alli Roth | Feb 13, 2020 | Housing Market, Housing Market Updates, McCormick Ranch Market Update
McCormick Ranch homes sales were average this past month. In this sellers market, a fresh new supply of inventory would be very helpful to keep the momentum going as we continue on in 2020. Do you hear that homeowners? Now is a great time to get your property listed,...
by Alli Roth | Jul 6, 2019 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative...
by Alli Roth | May 30, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis,...
by Alli Roth | May 23, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts. For the sixth year in a row, real estate has come out on top as the best long-term...
