![What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20211008/16/w600_original_76c2fe9d-65f0-4a03-bac0-bf760ee236d4-png.webp)
What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]
Some HighlightsToday’s strong sellers’ market is the direct result of high demand and low supply.Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to to
111,285 Reasons You Should Buy a Home This Year
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.According to the latest research from the National Association of Realtors (NAR):“Homeownership is a key pathway to
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and su
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