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    Why Pricing Your House Right Is Essential

    By Philip Puma | October 6, 2020

    In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase 4.7% in 2020 and 4.1% in 2021. This means experts anticipate home values will continue climbing into next year.... Read More

    How Is Remote Work Changing Homebuyer Needs?

    By Philip Puma | August 10, 2020

    With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? Would... Read More

    Two Reasons We Won’t See a Rush of Foreclosures This Fall

    By Philip Puma | August 3, 2020

    The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a... Read More

    Americans Rank Real Estate Best Investment for 7 Years Running

    By Philip Puma | July 10, 2020

    Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today. Of the four listed, real estate is also the only investment you can also... Read More

    Real Estate Tops Best Investment Poll for 7th Year Running

    By Philip Puma | June 15, 2020

    Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most favored investment to Americans,... Read More

    Market Update from Puma & Associates Realty

    By Philip Puma | May 26, 2020

    We have had a lot of people asking about the market, so I just wanted to give a quick update. For our local market, inventory is still super low and demand is crazy high especially with such low interest rates. Currently, our inventory is down 24.9% year over year and we only have 1.8 months... Read More

    Why the Housing Market Is a Powerful Economic Driver

    By Philip Puma | April 30, 2020

    With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things... Read More

    Keys to Selling Your House Virtually

    By Philip Puma | April 23, 2020

    In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if... Read More

    Today’s Homebuyers Want Lower Prices. Sellers Disagree.

    By Philip Puma | April 17, 2020

    The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal... Read More

    What If I Need to Sell My Home Now? What Can I Do?

    By Philip Puma | April 16, 2020

    Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home – and fast. While you probably... Read More