National Association of Realtors (NAR)

National Association of Realtors (NAR)

There are currently 146 blog entries related to this category.

May 2022 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 050322

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1

Fortunately, if you’re a buyer struggling to find a home, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.

Yes, a high offer price gets attention. But most sellers consider a variety of factors when evaluating an offer. With that in mind, here are five tactics you can utilize to sweeten your proposal and outshine your competition.

We can help you

266 Views, 0 Comments.

April 2022 - Jean-Luc Andriot - Blog Post Image

We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1
If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market.

Start by connecting with a real estate agent as soon as possible. Having the eyes and ears of an insightful real estate professional on your side can help you boost your home’s appeal to buyers. What’s more, beginning the preparation process early allows you to tackle repairs and upgrades that can increase your property’s value.

Use the checklist below to figure out what other tasks you should complete in the months leading up to listing your home. While everyone’s situation is unique, these guidelines will help you make sure you’re ready

456 Views, 0 Comments.

From Realtorcom, Sylvester Stallone Scores $18.2M Mansion in Hidden Hills for Jean-Luc Andriot blog 032222

From Realtor.com, Sylvester Stallone Scores $18.2M Mansion in Hidden Hills
It looks like Sylvester Stallone has another sequel, this time in real estate. Soon after reportedly selling his Beverly Hills estate to Adele, the “Rocky” star has punched up another purchase.
The writer, director, and producer picked up a Hidden Hills, CA, estate for about $18.2 million, according to Dirt.

Read on

307 Views, 0 Comments.

January 2022 - Jean-Luc Andriot - Blog Post Image

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1

However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak.

So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year.

MORTGAGE RATES WILL CREEP UP

Most economists expect to see mortgage rates

714 Views, 0 Comments.