Why It’s Important to Price Your House Right Today

by markelgroupBlog, Cheryl Markel, market, real estate, sellingPosted on No Comments

Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle Hale, Chief Economist for realtor.com, notes: …

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Turning a House into a Happy Home

by markelgroupBlog, Cheryl Markel, real estatePosted on No Comments

We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our …

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The Difference a Year Makes for Homeownership

by markelgroupBlog, Cheryl Markel, investment, luxury, market, real estatePosted on No Comments

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option is to consider moving into a new …

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Homeowner Equity Increases an Astonishing $1 Trillion

by markelgroupBlog, Cheryl Markel, investment, market, real estatePosted on No Comments

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: U.S. homeowners with mortgages have seen their equity increase by a total of $1 …

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