Keeping Current Matters June 2022 Market Report
This Monthly Market Report is a comprehensive walkthrough of the most up-to-date information regarding the real estate market.
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise
Misperceptions About the Current Market
I think people are curious about real estate, but I think their curiosity is fueled by the fact that the current national average of equity in mortgaged homes is $216,000, nearly 40% of all homes nationally are owned free and clear, and people are recognizing that they may finally have the leverage to sell, after many years of being upside-down or
What is Title Insurance and Why is it Important?
The first question you may ask is, what is the title? The title to a piece of property is the evidence that the owner is in lawful possession of that property. Secondly, what is title insurance? Title insurance protects homeowners against any property loss or damage they might experience because of liens, encumbrances or defects in the title of the
