Temeka Thompson - DC Metro Realtor, Coach, Public Speaker
  • Temeka
  • Blog
  • Real Estate
    • Sell my home
    • Buy a home
    • Veterans
  • Work with Temeka
    • Business Coaching
    • Career Coaching
    • Buy Real Estate with Temeka
    • Become an Agent
  • Booking
  • Marriage Takeover
  • Women of Worth
  • Free Resources
Temeka Thompson - DC Metro Realtor, Coach, Public Speaker
Temeka
Blog
Real Estate
    Sell my home
    Buy a home
    Veterans
Work with Temeka
    Business Coaching
    Career Coaching
    Buy Real Estate with Temeka
    Become an Agent
Booking
Marriage Takeover
Women of Worth
Free Resources
  • Temeka
  • Blog
  • Real Estate
    • Sell my home
    • Buy a home
    • Veterans
  • Work with Temeka
    • Business Coaching
    • Career Coaching
    • Buy Real Estate with Temeka
    • Become an Agent
  • Booking
  • Marriage Takeover
  • Women of Worth
  • Free Resources
Real Estate

Buyer & Seller Perks in Today’s Housing Market

March 25, 2021by Temeka ThompsonNo Comments

Buyer & Seller Perks in Today’s Housing Market | Simplifying The Market

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.

The Biggest Perk for Buyers: Low Mortgage Rates

 Today’s most compelling buyer incentive is low mortgage interest rates. The 30-year fixed-rate is now averaging just over 3%. While that’s slightly higher than the record-lows from 2020 and earlier this year, it’s still way lower than historic norms, making purchasing a home an ongoing perk for hopeful buyers (See graph below):Buyer & Seller Perks in Today’s Housing Market | Simplifying The MarketThis is a huge advantage for buyers and helps to make owning a home attainable for more households – and there’s good reason to strive for homeownership. The latest Homeowner Equity Report from CoreLogic shows how homeowners saw major gains in their net worth last year, all thanks to owning a home. Frank Martell, President and CEO of CoreLogic, explains:

“Positive factors like record-low interest rates and a booming housing market encouraged many families to enter homeownership. This growing bank of personal wealth that homeownership affords was noticed by many but in particular for first-time buyers who want a piece of the cake. As a result, we may see more of those currently renting start to enter the market in the near future.”

Low mortgage rates are a plus for buyers right now, but experts forecast we’ll see them continue to rise as the year goes on. If you’re ready to purchase a home, it’s wise to get started on the process soon so you can secure today’s comparatively low rate.

The Biggest Perk for Sellers: Low Inventory

Today, there are simply not enough houses on the market for the number of buyers looking to purchase them, and it’s creating a serious sellers’ market. According to Danielle Hale, Chief Economist at realtor.com:

“Total active inventory continues to decline, dropping 50 percent. With buyers active in the market and sellers still slow to put homes up for sale, homes are selling quickly and the total number actively available for sale at any point in time continues to decline.” (See map below):

Buyer & Seller Perks in Today’s Housing Market | Simplifying The MarketThe lack of houses for sale continues to challenge the market, and with low mortgage rates fueling buyer demand, homes are hard for buyers to find today. According to the latest Realtors Confidence Index Survey by the National Association of Realtors (NAR), the average house is now receiving 4.1 offers and is on the market for only 20 days.

Buyers are clearly eager to purchase, and because of the shortage of inventory available, they’re often entering bidding wars. This is one of the factors keeping home prices strong and giving sellers leverage in the negotiation process.

Homeowners who are in a position to sell shouldn’t wait to make their move. There’s a light at the end of the tunnel for today’s inventory shortage, so listing this spring will get your house on the market when conditions are most favorable. With low inventory and high buyer demand, homeowners can potentially earn a greater profit on their houses and sell them quickly in the fast-paced spring market.

Bottom Line

Whether you’re thinking about buying or selling a home, there are major perks available in today’s housing market. Let’s connect today to discuss how these favorable conditions play to your advantage in our local area.

Content previously posted on Keeping Current Matters

Search Homes

Recent Posts

  • 2021 Real Estate Myth Buster [INFOGRAPHIC]
  • Buyer & Seller Perks in Today’s Housing Market
  • Why You Should Think About Listing Prices Like an Auction’s Reserve Price
  • Should We Fear the Surge in Cash-Out Refinances?
  • What Credit Score Do You Need for a Mortgage?

Archives

  • March 2021
  • February 2021
  • December 2020
  • May 2020
  • March 2020
  • January 2020
  • December 2019
  • November 2019

Categories

  • Buy a Home
  • Coaching
  • Mortgage & Financing
  • Real Estate
  • Sell your Home

Connect with Me

  • Facebook
  • Instagram
  • LinkedIn
  • YouTube

RSS Unknown Feed

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
FOLLOW ME ON INSTAGRAM

iamtemekathompson

Hey Divas! Our Fit, Fyne & Fabulous group is on FI Hey Divas! Our Fit, Fyne & Fabulous group is on FIRE for The Black Women's Health Summit that starts in just 8 short days! 

🙏🏾If you've already joined, forward this link--> www.blackwomenshealthsummit.com or this post!! But sis, if you have not, be warned, that early bird pricing is coming to an end real soon! 

🙋🏾‍♀️So, if you have not joined, do it RIGHT NOW in order to get the best deal--> www.blackwomenshealthsummit.com! Sis, I'm hoping we don't sell out! Zoom only holds but so many seats! LOL!

😊But seriously, there's a full panel of 13 esteemed health professionals that stand on ready to pour into you next week in 9 Key Areas of HEALTH, including your RELATIONSHIP HEALTH!

But 1st let me ask you a few questions:

🤷🏾‍♀️Do you struggle finding someone to support your health goals?
🤷🏾‍♀️Do you feel lonely or bored often?
🤷🏾‍♀️Do you feel you'll never get the weight off?
🤷🏾‍♀️Do you feel you are a failure when it comes to weight loss?
🤷🏾‍♀️Does your spouse or significant other encourage you to stay the same?
🤷🏾‍♀️Does your significant others make you feel guilty for wanting to improve?

👀If you answered yes to any of these questions, you will want to meet and learn more about our RELATIONSHIP EXPERT Temeka Thompson! She's appeared on Tamron Hall Show, FOX, ABC, NBC, iHeart Radio, and now on The Black Women's Health Summit virtual stage, JUST FOR YOU!

💪🏾Temeka will be guiding the discussion, "5 Relationships Preventing You from Achieving the Body of Your Dreams" on Saturday, June 17th at 3pm PST / 6pm EST!

👉🏾If you're struggling with your relationship WITH YOURSELF and those you love, GET IN THE ROOM Fit, Fyne &!

Make sure you have registered for the Summit.

Click the link below and join us RIGHT NOW👇🏾👇🏾👇🏾👇🏾
www.blackwomenshealthsummit.com
👉🏾👉🏾👉🏾www.blackwomenshealthsummit.com/relationshipexperttemekathompson.

P.S. Diamond and Platinum level participants will be able to ask questions, get immediate answers LIVE during the summit and receive ALL recordings! Basic Level will be able to view LIVE classes only.

 #blackwomenshealthmatters #8DaysAway #fitfynefab
Calling all women, especially Black Women over 40, Calling all women, especially Black Women over 40, who are tired of NOT loving the reflection in the mirror and are ready to take control of your body, your health & your life!

Don’t miss your chance to see me live in action during Fit, Fyne & Fabulous’ virtual 5-Day Black Women’s Health Summit → www.blackwomenshealthsummit.com

I’m excited to share my expertise as it relates to the correlation between your marriage and relationships and belly blasting, back “un-bigging”, disease reversing, and of course getting off pills!  You’re going to want to hear this message and make sure to bring a friend!

I’m thrilled to have this opportunity to serve in assisting Black Women in achieving their health goals by helping them focus on their WHOLE HEALTH!! That’s the key!  You see, we believe real lifestyle change is not JUST about workouts and exercise, sis! You need to address your complete HEALTH portfolio.

The Black Womens’ Health Summit will help you do JUST THAT!  You see, this summit is not like any other health event you’ve attended! I am one of 13 speakers who are focused on delivering 360 degree transformation in all areas of your life. Each of us will be speaking on one or more of the following 9 Key areas of Health!

1. Hormonal Health
2. Sleep Health
3. Relationship Health
4. Sexual Health
5. Mental Health
6. Financial Health
7. Holistic Health
8. Hair Health
9. Nutrition

If you need help in any of these areas GET IN THE (virtual) ROOM! Come out and support me (www.blackwomenshealthsummit.com) 
FOR FREE or upgrade to platinum and receive a “Black Womens’ Health Matters'' tee and grocery shopping tote! 

This is the summit you need to help you get Sexy this Summer & FOR LIFE sis!
Join us NOW! Get more info & check me out on the site: 

www.blackwomenshealthsummit.com!

I’ll see you on the inside!

Temeka

@fit_fyne_fab
Don’t forget to Spring Forward tonight!! Don’t forget to Spring Forward tonight!!
Hey Sis 👋🏾!! I’m celebrating YOU on today Hey Sis 👋🏾!!

I’m celebrating YOU on today and every day!! It’s International Women’s Day, tag a sister friend and celebrate them on today 💋.

.
.
.
.
.

#internationalwomensday 
#celebratingwomen 
#marriagetakeover
I love me some 𝕙𝕚𝕞. Life gets in the way, I love me some 𝕙𝕚𝕞. Life gets in the way, but make time to slow down to enjoy the simple intimate moments with your spouse. Follow @marriagetakeover for more marriage and relationship enrichment. Singles edition coming in March 💥.
.
.
.
.
.
#marriagetakeover 
#christianmarriage 
#christianmarriages 
#relationshipadviceforwomen 
#kingdommarriage 
#godlymarriage
Life goes by so fast, slow down and enjoy THIS mom Life goes by so fast, slow down and enjoy THIS moment with your spouse.
❣️

❣️

❣️

❣️

❣️

#christianmarriage 
#kingdommarriage 
#marriagetakeover
#loveislove
Thank you Coach @nicolescooper for sharing this!!! Thank you Coach @nicolescooper for sharing this!!!

This is such confirmation. In this season, there’s going to be a steady flow……. Flow of favor, flow of resources, flow of divine connections, flow of peace, flow of joy, flow of opportunities, a steady flow……
💎
💎

#flow 
#favor 
#thekingsdaughter 
#daughteroftheking 
#kingdomentrepreneur 
#wifelife 
#marriagecoach 
#mdrealtor
Praying for @d.ham3 and his family.

🙌🏾🙏🏾
.
.

#prayersup 
#damarhamlin 
#damarhamlin🙌🏿
Fellas your MENTAL HEALTH is important. Just becau Fellas your MENTAL HEALTH is important. Just because you see someone about your mental DOES NOT MEAN YOU ARE WEAK. THAT IS A BIG SIGN OF HOW STRONG YOU ARE. Fellas please stop suffering in silence. I do understand the weight of the world being on our shoulders. But we can’t truly live our lives to the fullest if we don’t take great care of ourselves. Love y’all!!!
.
.
.
.
#mentalhealth 
#mensmentalhealth 
#menshealth 
#mentalhealthmatters 
#marriagetakeover
#ripdjtwitch
Load More

Hi, I'm Temeka. I'm a Mom, Wife, Realtor, and Coach living in the DC Metro area. Here I'll share all things real estate, coaching, marriage tips, and trends. Let's stay connected!

Search Homes

© 2020 copyright Temeka Thompson All rights reserved