Katie Moore Team Blog

The housing market was on a wild ride this year. Here's what to expect in 2022

The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years
Posted by Katie Moore on December 28, 2021 in  Buy Sell Wilmington  Global Luxury  Housing 2021  Housing 2022  Katie Moore Real Estate  Luxury Home  southeastern nc  Wilmington Real Estate  Wilmington Realtor
The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. But whether you benefited from this surge depended a lot on if you were selling a home or buying one. Homeowners saw average home prices skyrocket nearly 20% through the third quarter compared to a year ago, according to the Federal Housing Finance Agency. It was the largest annual home price increase in the history of the age... read more
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. This time, housing supply is extremely limited The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and deman... read more

2021 Housing Market Shaping Up to be Even Hotter than 2020

Homebuyer demand is up 60%, as 13% fewer homes are being listed than this time last year
Posted by Katie Moore on February 24, 2021 in  buy real estate  Buy Wilmington  Coastal Living  Global Luxury  Homes near Wrightsville Beach  Housing 2021  Luxury Home  Market Update  Real Estate 2021  Wilmington Homes  Wilmington Real Estate  Wilmington Realtor
The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year. In the week ending January 24, home-sale prices soared 18% and pending sales grew 28% from the same period last year. Fifty-five percent of homes that went under contract that week found a buyer in 14 days or less—the largest share to sell that quickly in at least nine years (Redfin data on this measure goes back through 2012). “The main thing going on is scarcity of homes for sale.... read more

Looking to Buy or Sell in 2021?

Helped 45 families and sold $18.8 million in 2020
Posted by Katie Moore on January 24, 2021 in  Coastal LIving  Coldwell Banker  Global Luxury  Luxury Home  Realtors  Sea Coast  southeastern nc  Wilmington Real Estate  Wilmington Realtor
Huge SHOUT OUT to all our clients, vendors & supporters! We helped 45 families and closed $18.8 million in 2020. Thank you for putting your trust in us! If you are thinking about buying or selling this year, put us on your side! Committed. Driven. Knowledgeable. Heart. This team will get the job done! #pureenergy #katiemooreteam 910-297-3093 | www.katiemooreteam.comFollow us on Facebook, Instagram & Twitter @katiemooreteam@librajen @mermerrill @stephlong123 @katieebmoore ... read more
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability ... read more

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