Virginia Gardner

Blog :: 11-2021

Sellers Have Incredible Leverage in Todays Market

Sellers Have Incredible Leverage in Todays Market | Simplifying The Market

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a homebefore the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next

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Renters Missed Out on $51,500 This Past Year

Renters Missed Out on $51,500 This Past Year | Simplifying The Market

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic:

Since January of this year,the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 percent in the pre-pandemic years from

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