Cheryl Bower's Real Estate Blog

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]

By Cheryl Bower | October 2, 2020

Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity can make that possible.

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Buyers Are Finding More Space in the Luxury Home Market

By Cheryl Bower | October 1, 2020

A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for…

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Why Selling this Fall May Be Your Best Move

By Cheryl Bower | September 30, 2020

If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market ShowingTime, a leading real estate showing software and market stat service provider,…

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Where Are Home Values Headed Over the Next 12 Months?

By Cheryl Bower | September 29, 2020

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate?…

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Housing Market on Track to Beat Last Year’s Success

By Cheryl Bower | September 28, 2020

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First…

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Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

By Cheryl Bower | September 25, 2020

Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns by pricing your home competitively right from the start.…

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Home Equity Gives Sellers Options in Today’s Market

By Cheryl Bower | September 24, 2020

Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and…

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Home Equity Give Sellers Options in Today’s Market

By Cheryl Bower | September 24, 2020

Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and…

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Home Builder Confidence Hits All-Time Record

By Cheryl Bower | September 23, 2020

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of…

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The Cost of a Home Is Far More Important than the Price

By Cheryl Bower | September 22, 2020

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there…

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