For anyone still wondering whether it’s finally time to ditch that rental, the Wall Street Journal Developments blog has your answer x 2. Nick Timiraos reports on how “demand for single-family rental housing is outstripping the available supply of homes…” with the result being higher rents throughout the US.  And Kris Hudson and Dawn Wotapka write that, “economist Lawrence Yun foresees U.S. home prices rising by 15% over the next three years.”

Renters, it’s time to get off the sidelines. Interest rates are low, demand is up, and the cost of that house you want is forecast to rise. For a no-cost, no-obligation analysis of your options, including neighborhoods, price-point and financing, get in touch with me here. I will be happy to help you become a proud homeowner. And it might be a lot more obtainable than you think.

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An article in yesterday’s LA Times details the pitfalls of the appraisal process. Michelle Hofmann writes: “More than a third of real estate agents say they’ve recently seen lower-than-expected appraisals hold back home sales, even though buyers and sellers had reached agreement on price.”

It’s just one more reason that you should give me a call. Through ten-plus years in real estate and hundreds of negotiated deals, I’ve met with a countless number appraisers. And by coming prepared, studying the market daily, I have successfully advocated on my clients behalf. Don’t let a low or inaccurate valuation derail your home purchase or sale. With me you get top-shelf assistance through all aspects of your real estate transaction. From appraisal to “z.”

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Kerri Ann Panchuk of HousingWire reports that housing prices rose 2.9% over last year in October. But it’s the cost of renting that really skyrocketed, up 5.1% from 2011 levels (!) If you’re someone who feels like you’re paying too much rent, contact me today. I’ll help you find the right house and can also assist your search for a sensible mortgage loan. Oftentimes payments are comparable to or even lower than what you pay in rent, so call, text or email and we’ll explore your options.