Savvy Home Seller

The housing market is starting to shift with the inventory in 7 states back at pre-pandemic levels. Join me as I dig into what the experts predict as the next 4 states that will soon follow. ⭐️ Get a referral to a '20%' agent: https://jensylvester.com/realtor-referral

After several weeks of declining mortgage rates, a cooling housing market and a favorable jobs report, several experts are predicting we may finally see a more affordable housing market as we head into 2025. Join me as we unpack this information and discuss whether this is feasible or just another fairy tale! Hurricane donations: https://unitedcajunnavy.org/ ⭐️ Get a personal referral to a local agent: https://jensylvester.com/realtor-referral

Hurricane Helen ripped through the southeastern states and left a path of destruction. In this livestream I go over the challenges with home owners insurance after a natural disaster, and how to protect yourself from post-disaster contractor scams. ⭐️ Get a personal referral to a local agent: https://jensylvester.com/realtor-refe...

With the current state of the housing market, a recent survey found that 76% of Americans have given up on the American Dream.

The Federal Reserve met on April 1st and elected to hold on any interest rate cuts as inflation grew to 3.5%. Without the fed rate cut, the upward trending interest rates and continually growing home values are creating a housing market 'purgatory'. What does that mean to home buyers and sellers?

Explore how escalating home prices and shifting mortgage rates have made it difficult for many, particularly baby boomers, to afford their current homes in today's market. A recent Redfin survey reveals that nearly half of baby boomer respondents could not afford a home in their neighborhood if they were to purchase one now. This video delves into the financial obstacles that are shaping the real estate landscape and contributing to the mortgage-rate lock-in effect.

The Federal Reserve's inability to get inflation under control has caused massive ripple effects in the housing market. Rising mortgage rates and ever increasing home values have made home affordability nearly impossible. What's the Federal Reserve's next step? How long can this last? That's what we're digging into today!

According to the research firm Capital Economics, home prices are expected to rise by another 5% this year, following a recent trend of price increases. An economist cited in the article attributes this predicted rise to continuing low interest rates and a sustained low inventory in the housing market. These factors are seen as significant drivers behind the increasing home prices despite broader economic uncertainties.

Many home sellers are unable to sell their homes due to gen z age children that are choosing to live at home. This could have a potentially big impact on the housing market by further limiting the number of homes available for sale.

Barbara Corcoran was recently quoted as saying, "Housing prices will go through the roof" this Spring. With interest rates uncertain and home affordability at an all-time low, I take a look at what this could mean for the housing market in the coming months and how home sellers and buyers can prepare.

The 'Lock-in' rate effect has caused 1.3 million homeowners from putting their houses on the market, causing a ripple effect of low inventory and potentially stunting value appreciation. Learn about why these home sellers are choosing not sell, what's the latest news on the national commission settlement, and national Spring market predictions.

Home sellers won big on Friday (March 15th) with a landmark victory against real estate agents across the U.S. The National Association of Realtors agreed to a $418 million lawsuit and to cut seller commissions, saving home sellers thousands of dollars when they sell. I break down what this means to a seller and how this is the biggest change to upset the real estate industry in a century.

The spring housing market is off to a late start this year, as buyers and sellers navigate a landscape of marginally improved interest rates and gradually increasing inventory. Affordable housing continues to be a major challenge for buyers, causing home values in certain areas of the country to slide downward. What's happening with home values? When will more inventory come on the market? What's happening with interest rates? I'll dig into these questions along with a special guest during this week's housing update.

The US housing market continues to struggle as we head into what should be a very busy Spring season. However, low inventory and rising interest rates have cooled the market. I dig into what's REALLY going on in the real estate market and offer my predictions on what lies ahead. [Recorded March 4, 2024]