Author Archives: Micah Stovall

Top Reasons Homeowners Are Selling Their Houses Right Now

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of…

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Stovall Team Real Estate. Micah Stovall,

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8%…

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Get Up. Get Out. Move. It May Make You Happier.

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve…

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The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

Forecasting mortgage rates is very difficult. As Mark Fleming, Chief Economist at First American, once said: “You know, the fallacy of economic forecasting is don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” However, if you’re either a first-time homebuyer…

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Buyers Want To Know: Why Is Housing Supply Still So Low?

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While…

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It’s a Good Time To Sell

Call Stovall Team today at 714.343.9294 to learn more about our local market. I understand this shifting real estate market and can expertly guide you on the journey to reach your housing goals. If  you have been debating whether or not to sell your home and are curious about market conditions in our area, it’s time to…

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