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Home Seller | Blog

Thursday, June 30, 2022   /   by Mikayla Gorman

If You’re Selling Your House This Summer, Hiring a Pro Is Critical

If You’re Selling Your House This Summer, Hiring a Pro Is Critical





It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.

Here are five key reasons why working with a real estate professional makes sense today.

1. A Professional Follows the Latest Market Trends

With higher mortgage rates, rising home prices, and a growing number of homes for sale, today’s housing market is showing signs of a shift back toward more pre-pandemic levels. When conditions change, following the trends and staying on top of ...

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  home prices, housing market, real estate, 2022, jason gorman real estate team, keeping current matters, spring market, home equity, home seller, housing inventory, foreclosures, housing supply, mortgage rates, sellers market, buyers, buying a home, first time home buyer, inflation, investing

Tuesday, June 21, 2022   /   by Louetta Larson

The Average Homeowner Gained $64K in Equity over the Past Year

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works.
Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise. That means your home is worth more in today’s market because it’s in high demand. As Patrick Dodd, President and CEO of CoreLogic, explains:

“Price growth is the key ingredient for the creation of home equity wealth. . . . This has led to the largest one-year gain in average home equity wealth for owners. . . .”

Basically, because your home value has likely climbed so much, your equity has increased too. According to the latest Ho ...

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  home prices, housing market, real estate, 2022, jason gorman real estate team, keeping current matters, spring market, home equity, home seller, housing inventory, housing supply, mortgage rates, sellers market, buyers, buying a home, first time home buyer, inflation, investing, real estate investments

Thursday, June 16, 2022   /   by Louetta Larson

More Americans Choose Real Estate as the Best Investment Than Ever Before

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:


If you’re thinking about purchasing a home, let this poll reassure you. Even when inflation is high like today, Americans recognize owning a home is a powerful financial decision.

How an Investment in Real Estate Can Benefit You During High Inflation

Because inflation reached its highest level in 40 years recently, it’s more important than ever to understand the financial benefits of homeownership. Rising inflation means pric ...

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  home prices, housing market, real estate, 2022, jason gorman real estate team, keeping current matters, spring market, home equity, home seller, housing inventory, foreclosures, housing supply, mortgage rates, sellers market, buyers, buying a home, first time home buyer, inflation, investing, real estate investments

Tuesday, May 17, 2022   /   by Mikayla Gorman

Should You Update Your House Before Selling? Ask a Real Estate Professional.

Some Highlights


If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.



In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.



If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and our local area. ...

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  home prices, housing market, real estate, 2022, jason gorman real estate team, keeping current matters, spring market, home equity, home seller, housing inventory, foreclosures, housing supply, mortgage rates, sellers market, buyers

Thursday, May 12, 2022   /   by Mikayla Gorman

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis.

When the forbearance program began, many experts were concerned it would result in a wave of foreclosures coming to the market, as there was after the housing crash in 2008. Here’s a look at why the number of foreclosures we’re seeing today is nothing like the last time.

1. There Are Fewer Homeowners in Trouble

Today’s data shows that most homeowners are exiting their forbearance plan either fully caught up on payments or with a plan from the bank that restructured their loan in a way that allowed them to start making payments again. The graph below depicts those findings from the Mortgage Bankers Association (MBA): ...

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  home prices, housing market, real estate, 2022, jason gorman real estate team, keeping current matters, spring market, home equity, home seller, housing inventory, foreclosures, housing supply, mortgage rates, sellers market, buyers