What Will the 2021 Housing Market Look Like?

VIDEO

What Will the 2021 Housing Market Look Like?

By: Rachel Harclerode • March 2nd, 2021

What will the 2021 housing market look like? Will there be a home sale crash? Are we going to see the market fall apart? Eric Stewart touches on these questions in his new video below.

 

This January saw 400,000 homes on the market compared to 750,000 homes in January of 2020. This low inventory paired with a large supply of potential buyers has led to a strong, competitive market and multiple offer scenarios. A lot of people wonder if these conditions will continue in 2021.

 

Eric Stewart thinks that they will remain for the foreseeable future. He predicts we’re likely to see continued limited supply for the next seven or eight years as housing stock is not being created fast enough for buyer demand.

 

What does this mean for those hoping to buy or sell this year? For those looking to sell, you’re going to be in a great position to get top dollar throughout the rest of this year. For those looking to buy, you should find an agent who will look out for your best interests and know how to beat out other buyers. In any case, head to our home page for more information.

Have input for the show?

Email radio@ericstewartgroup.com or call us at 800-900-9104 to get in touch with our team.

Get Smarter About Real Estate

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Eliminate the stress of uncertainty with a home value estimate measured by real-time data. Our market analytics can calculate your home’s value and trajectory to get you market-ready in no time.

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VIDEO

Do You Need a Home Inspection Contingency?

By: Rachel Harclerode • March 2nd, 2021

If you’re buying a home, you may have wondered if a home inspection contingency is really necessary. With the current market conditions favoring sellers, it may be tempting to waive this contingency to compete better against other buyers. Our advice, however, is to not do this!

 

Home inspections allow you the opportunity to find any issues–big or small–that you may want to take care of before you move in. You may even decide to terminate the deal and find another house if the inspection comes back with undesirable results. One of our recent clients, for example, waived their home inspection contingency against our guidance. They ended up facing a $12,000 repair after moving in!

 

We don’t want this to happen to you, so don’t waive this contingency! Check out this video from Realtor® Robert Garcia for more insight on the significance of home inspections.

Have input for the show?

Email radio@ericstewartgroup.com or call us at 800-900-9104 to get in touch with our team.

Get Smarter About Real Estate

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Many people today live in a house that is no longer suited to their needs. The Rightsizing Guide offers a helpful starting point as you begin to evaluate your current situation.

With a specific emphasis on helping seniors downsize, this guide offers practical advice on how to:

  • Sort through and organize your possessions
  • Determine where you may want to live next
  • Prepare for your real estate sale including tips on timing, condition, and price

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Do You Need a Home Inspection Contingency?

VIDEO

Do You Need a Home Inspection Contingency?

By: Rachel Harclerode • March 2nd, 2021

If you’re buying a home, you may have wondered if a home inspection contingency is really necessary. With the current market conditions favoring sellers, it may be tempting to waive this contingency to compete better against other buyers. Our advice, however, is to not do this!

 

Home inspections allow you the opportunity to find any issues–big or small–that you may want to take care of before you move in. You may even decide to terminate the deal and find another house if the inspection comes back with undesirable results. One of our recent clients, for example, waived their home inspection contingency against our guidance. They ended up facing a $12,000 repair after moving in!

 

We don’t want this to happen to you, so don’t waive this contingency! Check out this video from Realtor® Robert Garcia for more insight on the significance of home inspections.

Have input for the show?

Email radio@ericstewartgroup.com or call us at 800-900-9104 to get in touch with our team.

Get Smarter About Real Estate

Auctor viverra etiam sem urna nibh eu vulputate.

Know Your True Value

Eliminate the stress of uncertainty with a home value estimate measured by real-time data. Our market analytics can calculate your home’s value and trajectory to get you market-ready in no time.

5 Day Trips Within a Three-Hour Drive of DC

5 Day Trips Within a Three-Hour Drive of DC

If you live in the DMV, you live within a few hours of so many great places. We’re going to share 5 towns you can travel to for a fun day trip within three hours or less! We also included sample itineraries that show just a few examples of places you can eat and things you can do in each town. Let us know if you try out one of these itineraries and let us know how your trip goes!

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8 Common Mistakes to Avoid When Buying A Home

8 Common Mistakes to Avoid When Buying A Home

Whether you’re buying your first home or your third home, there are many mistakes you can make throughout the process. Buying a home involves many steps and lots of decision-making, so it’s easy (and common!) to take a misstep along the way.

Continue reading “8 Common Mistakes to Avoid When Buying A Home”

The Ultimate Home Item Checklist for First-Time Homeowners

If you’re in the process of buying your first house, you’ve probably spent some time thinking about all of the things you need to buy. From furniture to kitchen utensils to tools to cleaning supplies, there’s a lot to get. Keeping track of it all is hard!

Continue reading “The Ultimate Home Item Checklist for First-Time Homeowners”

VIDEO: Do You Need a Home Inspection Contingency?

If you’re buying a home, you may have wondered if a home inspection contingency is really necessary. With the current market conditions favoring sellers, it may be tempting to waive this contingency to compete better against other buyers. Our advice, however, is to not do this!

 

Home inspections allow you the opportunity to find any issues–big or small–that you may want to take care of before you move in. You may even decide to terminate the deal and find another house if the inspection comes back with undesirable results. One of our recent clients, for example, waived their home inspection contingency against our guidance. They ended up facing a $12,000 repair after moving in!

 

We don’t want this to happen to you, so don’t waive this contingency! Check out this video from Realtor® Robert Garcia for more insight on the significance of home inspections.

 

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Continue reading “VIDEO: Do You Need a Home Inspection Contingency?”

VIDEO: What Will the 2021 Housing Market Look Like?

What will the 2021 housing market look like? Will there be a home sale crash? Are we going to see the market fall apart? Eric Stewart touches on these questions in his new video below. 

 

This January saw 400,000 homes on the market compared to 750,000 homes in January of 2020. This low inventory paired with a large supply of potential buyers has led to a strong, competitive market and multiple offer scenarios. A lot of people wonder if these conditions will continue in 2021. 

 

Eric Stewart thinks that they will remain for the foreseeable future. He predicts we’re likely to see continued limited supply for the next seven or eight years as housing stock is not being created fast enough for buyer demand.

 

What does this mean for those hoping to buy or sell this year? For those looking to sell, you’re going to be in a great position to get top dollar throughout the rest of this year. For those looking to buy, you should find an agent who will look out for your best interests and know how to beat out other buyers. In any case, head to our home page for more information.

 

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7 Common Mistakes to Avoid When Selling Your Home

7 Common Mistakes to Avoid When Selling Your Home

When it comes to selling your home, there are plenty of mistakes you could potentially make. Selling a home is a complex process, so you should be aware of some of the more common mistakes people make so you can avoid them. Here are 7 common mistakes you can avoid:

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