luxury – Page 3 – The Markel Group

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market?

by markelgroupBlog, buying, Cheryl Markel, investment, lending, luxury, market, new build, real estate, selling July 23, 2021July 23, 2021No Comments

Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up. Terms …

A Look at Home Price Appreciation Through 2025

by markelgroupBlog, buying, Cheryl Markel, lending, luxury, market, real estate, selling July 6, 2021July 6, 2021No Comments

Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. In …

Are We in a Housing Bubble? Experts Say No.

by markelgroupBlog, buying, Cheryl Markel, covid, election, foreclosure, investment, lending, luxury, market, new build, real estate, selling July 1, 2021July 1, 2021No Comments

The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions …

What Do Experts See on the Horizon for the Second Half of the Year?

by markelgroupBlog, buying, Cheryl Markel, foreclosure, investment, lending, luxury, market, new build, real estate, selling July 1, 2021July 1, 2021No Comments

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on …

Demand for Vacation Homes Is Still Strong

by markelgroupBlog, buying, Cheryl Markel, investment, luxury, market, real estate, selling June 24, 2021June 24, 2021No Comments

The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration awayfrom cities and into counties with more …