Inventory Mismatch – A Tale of Two Markets: A 6-Month Update

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. Above the threshold, it’s a buyer’s market. Below the threshold, it’s a seller’s market.

Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

Ready to put more money in your pocket every month, and build equity?  Call me now!

(813) 489-9789

Zach@ZachKidd.com

The Veteran Realtor®.

Get my digital business card for free - click here.

Serving the Florida Suncoast, including Dunedin, Gulfport, South Pasadena, St. Petersburg, St. Pete Beach, Treasure Island, and nearby areas.

How Supply & Demand Impacts the Real Estate Market [INFOGRAPHIC]

Some Highlights:

  • The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months inventory supply since August 2012!
  • Buyer Demand continues to out-pace Seller Supply!

How Supply & Demand Impacts the Real Estate Market [INFOGRAPHIC] | Simplifying The Market

How does the current Supply & Demand affect you?

In a hot seller’s market, it’s more difficult to buy because there will be a lot of competition for each listing (theoretically, at least).

This is great news for sellers!

But typically, if you are selling your home, you’ll also be buying another home.  That means you too will be competing in a hot market.

Be smart and be ahead of the game. Contact a Realtor first, and focus on buying your next home BEFORE you sell your current home.

(813) 489-9789

Zach@ZachKidd.com

The Veteran Realtor®.

Get my digital business card for free - click here.

Serving the Florida Suncoast, including Dunedin, Gulfport, South Pasadena, St. Petersburg, St. Pete Beach, Treasure Island, and nearby areas.

Real Life vs. Reality TV: 5 Myths Explained

Real Life vs. Reality TV: 5 Myths Explained | Simplifying The MarketHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers,” and so many more, just in one sitting.  

Slaying Myths About Home Buying [INFOGRAPHIC]

Some Highlights about Buying a Home:

Interest Rates are still below historic numbers – that means buying a home is affordable! You get to lock in a low rate for 30 years!  If you need a better analogy, mortgages are on sale – get one now, before the price goes up.

88% of property managers raised their rent in the last 12 months! If you buy a home, your mortgage payment never goes up!

Credit score requirements to be approved for a mortgage continue to fall, which is great news if you have bruised credit but still want to buy a home.

Slaying Myths About Home Buying [INFOGRAPHIC]

Call me today!

(813) 489-9789

Zach@ZachKidd.com

The Veteran Realtor®.

Get my digital business card for free - click here.

Serving the Florida Suncoast, including Dunedin, Gulfport, South Pasadena, St. Petersburg, St. Pete Beach, Treasure Island, and nearby areas.