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The Wiley Way Home

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Market Remains Hot Ahead of the Spring Selling Season

By Helen Adams Realty - March 10, 2022
Canopy Realtor® Association Market Updates Reprinted from February 2022 CRRA Monthly Indicators The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of the last measure, according to the National Association of REALTORS®. Experts attribute the growth in sales to an uptick in mortgage interest rates, as buyers rushed to lock dow
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2022 Real Estate Market Picking Up Where 2021 Left Off

By Helen Adams Realty - February 14, 2022
Canopy Realtor® Association Market Updates Reprinted from January 2022 CRRA Monthly Indicators The 2022 real estate market begins where 2021 left off, in which existing home sales reached their highest level since 2006. The National Association of REALTORS® reported sales were up 8.5% compared to the previous year as homebuyers rushed to take advantage of historically low mortgage rate
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2021 Year In Review & 2022 Forecast

By Helen Adams Realty - January 24, 2022
Between the strengthened seller's market and fervent buyer demand, driven by changes in housing needs due to the pandemic, 2021 was a year to remember. It was a powerful year for most housing markets across the country, and experts predict those markets that remained hot throughout 2021 are poised to carry the same momentum into the new year. At no surprise to the team at Helen Adams Realty,
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Experts Anticipate Many Housing Market Trends Will Continue in 2022

By Helen Adams Realty - January 11, 2022
Canopy Realtor® Association Market Updates Reprinted from December 2021 CRRA Monthly Indicators The 2021 housing market was one for the history books. After three consecutive months of increases recently, existing home sales are on pace to hit their highest level in 15 years, with an estimated 6 million homes sold in 2021 according to the National Association of REALTORS®. Sales prices
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The Real Estate Market Remains Strong Heading Into The Holiday Season

By Helen Adams Realty - December 13, 2021
Canopy Realtor® Association Market Updates Reprinted from November 2021 CRRA Monthly Indicators The economy is improving, unemployment is falling, and the U.S. real estate market remains strong as we head into the holiday season, a period when activity typically slows as people take time to travel, celebrate, and spend time with loved ones. Although the market is not as frenetic as it was
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Rent Prices Are Increasing Rapidly As The Housing Market Remains Robust

By Helen Adams Realty - November 16, 2021
Canopy Realtor® Association Market Updates Reprinted from October 2021 CRRA Monthly Indicators The U.S. housing market remains robust, with strong activity reported across both rental and residential housing fronts. Single-family rent prices are increasing rapidly, as demand for single-family housing and inventory constraints forces some buyers to rent, increasing competition and pushing r
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Home Prices Continue to Increase as Inventory Decreases

By Helen Adams Realty - October 12, 2021
Canopy Realtor® Association Market Updates Reprinted from September 2021 CRRA Monthly Indicators Nationwide, existing home sales were down slightly in August, falling 2% after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the med
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The Demand of Homes for Sale is Increasing, Relative to Supply

By Helen Adams Realty - September 14, 2021
Canopy Realtor® Association Market Updates Reprinted from August 2021 CRRA Monthly Indicators The booming U.S. housing market has spilled over to the rental market, which has seen demand for apartment and single-family rentals skyrocket this year, as high sales prices and an inadequate supply of available housing have forced many prospective buyers to rent for the foreseeable future. Incre
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Loan Modifications and Payment Reductions Among Measures to Help Homeowners

By Helen Adams Realty - August 12, 2021
    Canopy Realtor® Association Market Updates Reprinted from July 2021 CRRA Monthly Indicators The White House recently announced additional measures to help struggling homeowners avoid foreclosure as they exit forbearance, including loan modifications and payment reductions. Borrowers with federally backed mortgages can lock in lower interest rates and extend the length of
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Home Prices Continue to Increase as Existing Home Sales Decline Slightly

By Helen Adams Realty - July 12, 2021
Canopy Realtor® Association Market Updates Reprinted from June 2021 CRRA Monthly Indicators   School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace. Low interest rates and limited inventory are fueling record high sales prices. May saw the median existing-home sales price exceed $350,000, a
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The U.S. Housing Market Shows Little Sign of Cooling This Summer

By Helen Adams Realty - June 10, 2021
Canopy Realtor® Association Market Updates Reprinted from May 2021 CRRA Monthly Indicators As the weather warms and pandemic restrictions ease across much of the country, the U.S. housing market shows little sign of cooling. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows. Nationwide, inventory remains much lower than it was
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Summer Home Projects With The Best ROI

By Helen Adams Realty - May 25, 2021
This summer you might consider knocking a few home projects off your to-do list. Whether big or small, you’ll want to make sure you’re investing in projects with a high rate of return. If you’re staying in your home or considering selling, it’s wise to be cautious of what your home is worth and how projects can affect your home’s value.   We want our clients
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