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Opportunity in the Luxury Market This Year




Opportunity in the Luxury Market This Year | Bridge BuildersAt the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment.

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Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey




Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey | Bridge BuildersWhen the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd.

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The #1 Reason It Is Difficult to Find Your Dream Home




The #1 Reason It Is Difficult to Find Your Dream Home | Bridge BuildersThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale.

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Homes Are More Affordable Today, Not Less Affordable




Homes Are More Affordable Today, Not Less Affordable | Bridge Builders

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years.

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2020 Luxury Market Forecast




2020 Luxury Market Forecast | Bridge BuildersBy the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market.

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