June 2020 RSS Feed

In honor of the 4th of July, we’re reflecting on the joys of independence. Home ownership is considered by many as ‘The American Dream’ and there are dozens of reasons and benefits to owning your own home as opposed to renting. Most of those reasons come down to something we’re celebrating this weekend: freedom. Freedom from a landlord, freedom from design that you didn’t choose, and freedom from rent that gives you no equity. Here are 5 reasons why being a homeowner can grant you the independence that you may be looking for.

You Can Start Building Equity

Renting may come with less work upfront, but the reality is that your hard earned money is likely going toward someone else’s mortgage. That means you’re building their equity, rather…

Written by Steve Anderson, Broker at VIBE Realty

Spring Market 2020: Aggressive Buyers Make for Happy Sellers 

As spring’s real estate market tries to find its stride, May’s data suggests conditions remain very favorable for sellers, but mixed for buyers depending on price point and motivation. New Listings have seen a slight uptick, resulting in a much needed increase in inventory. This is good to see going into summer, as this is normally when inventory levels would start to dip following a strong spring.

However, even with more inventory, houses are selling at a historically fast pace with an average market time of just 16 days. This is making it even more competitive for buyers and is resulting in higher prices for sellers. While…