- The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high.
- When the inventory is under a 6-month supply, it is a benefit to the Seller.
- There has not been a
6-months inventory supply since August 2012.
- Buyer Demand continues to outpace Seller Supply.
How Supply & Demand Impacts the Real Estate Market
Do You Know the Impact Your Interest Rate Makes?
- Interest rates
have come a long way in the last 30 years.
- The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
- Interest rates are at their lowest in years.
- If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act.
How to Calculate a Home’s Square Footage
Understanding your home’s square footage requires more than just geometry
All square feet are not created equal. Even Thomas Jefferson would have agreed. There are basements. There are attics. There are garages remodeled into living spaces, and there are oversized storage rooms locked in remote, poorly accessible corners.
But when it comes to calculating a home’s square footage, we are left with a number — a simple number often relied upon to estimate a home’s value, cost to construct and overall livability. So it is worth understanding exactly what those simple digits represent. How are they calculated? What rules are used to figure it accurately, and what are the potential flaws in the venerated number known as the square footage of a home? Here’s how to calculate square feet.







