The Kay Bova Selling Team

May the best home bidder win! Buyers need to brace themselves for a more competitive housing market this spring season as homes for-sale is nearly 50% fewer than last year according to Realtor.com’s newly released Monthly Housing Trends Report. #KayBova

A rush of homeowners taking out various kinds of loans amid a scenario of low-interest rates and desire for suburban living pushed the demand for new mortgages during Q4 2020, with refinancing being accounted for 63% of the overall loan share. #KayBova

More renters may want to enter the housing market and become homeowners in the future as CoreLogic's report shows homeowner's equity reached $26,300, the highest gain since 2013. #KayBova

With the multi-family, retail, industrial, and office sector posting yearly growth and showing positive trends, leading economists believe that commercial real estate is poised to rebound this 2021. #KayBova

As the pandemic continues to set a series of shifting trends in the housing market, recent data from Zumper shows that rents in suburb and rural areas grew 5-7% more, outpacing the urban rent prices over the last year. #KayBova

Home prices were up 14.1% compared to this time last year, however, the housing market stays HOT as existing-home sales for January recorded an annual increase of 23.7%. Learn more and get in touch today for all your real estate needs! #KayBova

In order to help potential buyers become homeowners in todays market, the USDA has made some changes within the loan requirements in most areas! Check out how you can qualify and what loans are available for you! #KayBova

Happy Easter!! I hope you have a wonderful day.

Home prices are rising and inventory is dropping, but new-home sales for the start of the year still showing healthy gains with 4.3% and 19.3% monthly and yearly increase! Inquire today to make the smart move in this competitive market! #KayBova

With improved spending due to second stimulus rollout and low housing supply, inflation is on the rise; and so is the 30-year fixed-rate mortgages. #KayBova

With a lot of homeowners still reluctant to list their homes in the market, January pending-home sales recorded a monthly drop of 2.8%, but still showed a yearly gain of 13% and hit an all-time high index of 122.8. #KayBova

New Listing Take a look at this great new listing that just hit the market. Reach out here or at (314) 369-2682 for more information!!

Gear up for this spring homebuying season! With a rebounding economy, mortgage rates still near 3%, millennials approaching their homebuying age, and a slowly rising inventory, MBA predicts that record-breaking home sales will be in place this spring 2021! #KayBova

Economists say that the housing inventory shortage is caused by the 4L's: land, labor, lumber, and can you guess the fourth one? Read the full article below to learn more! #KayBova

Looking to buy your first home? Fortunately, there are many options and help for first-time homebuyers in the form of grants, loans and down payment assistance programs. Click to learn what's available for you! #KayBova

Better days are coming ahead! Experts predict that the housing market indicators will continue to trend upwards as a comprehensive vaccination rollout is underway, buoying the recovery of the US economy in the second half of 2021. #KayBova

Young Americans are having their housing preferences shaped by the pandemic as they’re seeking larger homes and outdoor spaces according to findings from the 2020 Community and Transportation Preference Surveys recently conducted by the National Association of REALTORS #KayBova

As 1 in 3 adults substituted in-person work for telework, NAR data shows 8.93 million people have relocated since the start of the pandemic. Wow! Read on below #KayBova

Just Reduced This recently reduced home won't last long so don't wait to set up a showing! Reach out here or at (314) 369-2682 for more information!!

Attention Sellers! When 63% of buyers are indicating that the home office is a must for their new home purchase, it's time to get creative. Keep the eyeballs on your virtual listing and open house! Here's how to renovate smart #KayBova

You are not just buying a home. You are creating a future investment for your family! #KayBova