Realtor | Chris Nelson

This looks amazing! The vibe, the style, everything!

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well. Jason Schenker of Prestige Economics says, "People are getting ...back to work and the vaccine isn't just inoculating the population, it's clearly inoculating the economy." What does this mean for residential real estate? Today, the biggest challenge for homebuyers is the lack of homes currently for sale. With listing inventory down 52% from a year ago, bidding wars are skyrocketing. As a result, home prices are climbing. One answer to this challenge is to build more... DM me if you're looking to sell or buy a home. I'm happy to help!

The average sale price of a home in Montgomery County was $401,296 last month, up 13.3% since last year. Crazy low-interest rates, tight inventory, and strong demand are continuing to favor sellers in the Montgomery County housing market. DM me to get a free market assessment of your home's current value or for more information.

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. Let’s unpack why that’s a big mistake and may actually cost you more in the long run. According to the Profile of Home Buyers and Sellers published by the National Association of Realtors (NAR), 41% of homeowners who tried to sell their house as a FSBO did so to avoid paying a commissio...n or fee. In reality, even in a sellers’ market, selling on your own likely means you’ll net a lower profit than when you sell with the help of an agent. The NAR report explains, FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $217,900 in 2020 (up from $200,000 in 2019), and still far lower than the median selling price of all homes at $242,300... DM me if you're looking to sell or buy a home. I'm happy to help!

Do your homework in advance because majority of these grant require for you to do things BEFORE you really enter the real estate market. Tag a friend who's interested to avail a grant