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Your Agent Is Key When Pricing Your House

Determining Asking Price According to the 2020 Profile of Home Buyers and Sellers, pricing a home competitively is one of the top three reasons why sellers hire REALTORS®. Pricing a home fairly and competitively requires both evergreen knowledge and a finger on the pulse of market trends. The COVID-19 pandemic has created an unprecedented seller’s market, and some homeowners are pricing their...

How Many Homes Does the U.S. Need to Catch Up?

Why is the inventory of for-sale homes so tight? A new analysis by Freddie Mac found that supply will meet demand only if the U.S. adds 3.8M new homes. The housing need now is 52% greater than it was in 2018, just three years earlier – and it’s even worse for entry-level homes. The figures underscore the severity of the housing deficit, which is a major factor fueling the current red-hot housing...

How Much Does It Cost To Build a House? Is It Cheaper to Buy or Build?

By Margaret Heidenry How much does it cost to build a house? According to data from the National Association of Home Builders, the median price of constructing a single-family home is $289,415, or $103 per square foot. Just keep in mind that the cost to build a home can vary widely based on where you live. So whether you're a first-time home buyer or just wondering "can I afford to build a...

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