Nicole "Niki" Clemens, Realtor

While we are seeing some improvement, we’re still at near-record lows for housing inventory (as shown in the graph below). Here’s why. Since the pandemic began, sellers have been cautious when it comes to putting their homes on the market. At the same time that fewer people are listing their homes, more and more people are trying to buy them thanks to today’s low mortgage rates. The influx of buyers aiming to capitalize on those rates are purchasing this limited supply of hom...es as quickly as they’re coming to market. Despite today’s low inventory, there is hope on the horizon. Regarding existing home sales, Sabrina Speianu, Senior Economic Research Analyst at realtor.com, explains, In May, newly listed homes grew by 5.4% on a year-over-year basis compared to the earlier days of the COVID-19 pandemic last yearfor buyers, it means that while they can expect fresh new listings every week... #realestate #homeownership #homebuying #realestategoals

Check out this Log Home with in-laws quarters! Please call or message me if you would like to schedule a showing to see this Beauty! Over 10 Acres with possible His and Her buildings for Hobbies, projects and storage! Nature views and even a trail through the woods. Fire pit, Gazebo and shaded areas for entertaining! Comment below: what's your favorite part this home has to offer?... https://www.realtor.com/realestateandhomes-deta/M9578363020 See more

Great Day for some Homegrown Homemade Lavender Mint Iced Tea!!

Would you like to update some color in your home? Check this out!

If you or or someone you know is interested in buying a townhouse in Jonestown, PA...check this out & call or message me to schedule an appointment to see it! If you are going to share this, please tag me in the post so they know I am available as a Buyers agent for this property! Thank you and have a wonderful weekend! https://www.ironvalleyrealestate.com/p/349-/dmgid_146950182

In today’s whirlwind real estate market, houses are selling at astonishing speed from sea to shining sea. Four years ago, the average house spent 39 days on the market. Two years ago, homes were on the market for about 24 days. Today, that number has dropped to just 17 short days. If you’re looking to sell your house quickly and on the best possible terms, today’s market can’t be beat. DM me to discuss how to secure a speedy, top-dollar sale for your house. #expertanswers #stayinformed #staycurrent

Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade there’s likely high demand for your current house, and today’s low mortgage rates can help you afford your dream home. If you’re ready to upgrade to a home that matches your changing needs, DM me today. #expertanswers #stayinformed #staycurrent

Why is there a drastic difference between 2008 and now? In a post from RealtyTrac, they explain, We changed the rules. We told banks they needed more reserves and that they could no longer underwrite toxic mortgages. It turns out that regulation properly done can help us navigate financial minefields. What was different this time? The post mentioned above explains, In 2008 the government saw the foreclosure meltdown as a top-down problem and set aside $700 billion for ...banks under the Troubled Asset Relief Program (TARP). Not all of the $700 billion was used, but the important point is that the government did not act with equal fervor to help flailing homeowners, millions of whom lost their homes to foreclosures and short sales. This time around the government forcefully moved to help ordinary citizens. Working from the bottom-up, an estimated $5.3 trillion went to the public in 2020... #realestate #homeownership #homebuying #realestategoals See more

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home. As a result, the listing price was generally the ceiling of the negotiation. The actual sales price would alm...ost always be somewhat lower than what was listed. It was unthinkable to pay more than what the seller was asking. Today is different. The record-low supply of homes for sale coupled with very strong buyer demand is leading to a rise in bidding wars on many homes. Because of this, homes today often sell for more than the list price. In some cases, they sell for a lot more. According to Lawrence Yun, Chief Economist at the National... #firsttimehomebuyer #opportunity #housingmarket

Are you getting into more gardening lately? Not sure where to put your grass clippings? I was looking for a compost bin but did not know where I would hide a plastic bin in my yard. I found this and loved the idea! Let us know if you make one or have a better idea other than a plastic bin!

June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searching for over the past year. DM me today to determine if homeownership is the right next step for you. #firsttimehomebuyer #opportunity #housingmarket

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. With so few homes available for sale and high demand from today’s homebuyers, sellers are profiting in major ways this season. Bidding wars are gaining traction, driving up the sale price of more and more homes throughout the country. This means sellers are able to leverage extra cash from higher-priced sales while also taking advantage of today’s low mortgage rates... when they purchase their next home. It’s the perfect scenario to move up into a true dream home. According to the April Luxury Market Report from the Institute for Luxury Home Marketing, The Institute’s recent analysis of sales in 2020 for homes over 5,000 square feet support the continuing preference for larger homes. The analysis determined that there was a 17% increase in the number of 5,000+ sq ft homes sold when... #Luxurymarket #expertanswers #stayinformed #staycurrent

Call or message me if you or someone you know is looking for a "Home" in the Middletown area! I can set up a showing! Check it out! https://www.ironvalleyrealestate.com/p/728-/dmgid_146605903

For the Love of old houses!!! Then add an updated renovation! I just can not find the words for this Beauty and there is no one focal point to show off...It all needs to be seen! Fontana area...Check it out!! Call or message me If you or someone you know would like to schedule a showing! https://www.ironvalleyrealestate.com/p/81-M/dmgid_146423348