Category: Market Update
The Best Week To List Your House Is Almost Here
Are you thinking about making a move? If so, now may be the perfect time to start the process with Ryan Dallas Real Estate. That’s because experts say the best week to list your house is just around the corner! A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020,... Read More
The Best Time To Buy A Home This Year Is The First Week Of October
Did you know…. the best time to buy a home this year is the week of October 1-7, according to Realtor.com? The Best Week offers a balanced mix of market conditions that favor buyers relative to the rest of the year. Here’s a snapshot: The 2023 homebuying season aligned with typical seasonal patterns, but ongoing... Read More
Buyer Demand Comes Back Strong to Start 2023
2022 brought higher mortgage rates and moderating buyer demand in our local real estate market. However, home buyers have picked their searches right back up to start 2023. The challenge: the historically low levels of housing supply got even tighter in December. If selling your home is on your radar this year or if you’d... Read More
Your October Home Price Update & What We’re Searching for Now
On to October… and all of the fun fall festivities! The leaves are changing and so is our local real estate market. I wanted to send you a quick update on the numbers you need to know if you’re considering entering the market to buy or sell a home in the greater Champaign-Urbana area: Home... Read More
Why It’s Still a Sellers’ Market
As there’s more and more talk about the real estate market coming off the peak frenzy we saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal. Even though the supply of homes for... Read More
Should I Buy a Home Right Now?
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of... Read More
Think Home Prices Are Going To Fall? Think Again
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals.... Read More
What Does the Rest of the Year Hold for the Housing Market?
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what we’re watching at Ryan Dallas Real Estate: The Number of Homes Available... Read More
Why Rising Mortgage Rates Push Buyers off the Fence
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Today, buyers are reacting in one of two ways: they’re either making the decision to buy now before rates climb higher or they’re waiting it out in hopes rates will fall. Let’s look at some context... Read More
This Spring Presents Sellers with a Golden Opportunity
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the best of both worlds... Read More