Explaining Today’s Low Housing Supply [INFOGRAPHIC]

by Carole Hiu Miller | Sep 29, 2023 | Housing Market Updates, Infographic

Some Highlights Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But...

How Remote Work Helps with Your House Hunt [INFOGRAPHIC]

by Carole Hiu Miller | Sep 22, 2023 | Buyer, Buying Myths, Infographic

Some Highlights While remote work peaked during the pandemic, many people still work from home today. If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home. If you can work from home, you might have more choices for where to...

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

by Carole Hiu Miller | Sep 15, 2023 | Housing Market Updates, Infographic, Seller, Selling Myths

Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t...

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

by Carole Hiu Miller | Sep 8, 2023 | Infographic, Pricing

Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no...

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

by Carole Hiu Miller | Sep 1, 2023 | Infographic, Seller

Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If...

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

by Carole Hiu Miller | Aug 25, 2023 | Infographic, Seller, Selling Myths

Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If...