Sherrie Bellamy

Sherrie Bellamy

REALTOR®, Associate Broker BR585058000 Certified Luxury Home Marketing Specialist, GRI English
11211 N. Tatum Boulevard Ste. 120 Phoenix AZ 85028
(602) 432-8723

Blog

Today’s Real Estate Market Explained Through 4 Key Trends

By Sherrie Bellamy - July 22, 2021
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage of Homes for Sale Earlier this year, the number of homes available for sale fell

4 Major Incentives To Sell This Summer

By Sherrie Bellamy - July 20, 2021
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly According to the most recent Realtors Confidence Index released by the National Association of Realtors (N

Housing Supply Is Rising. What Does That Mean for You?

By Sherrie Bellamy - July 15, 2021
    An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in

Why This Isn’t Your Typical Summer Housing Market

By Sherrie Bellamy - July 13, 2021
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how this summer is stacking up against the norm and what

Are We in a Housing Bubble? Experts Say No.

By Sherrie Bellamy - July 09, 2021
The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions from professionals and organizations that have devoted their careers to giving great advice t

Home Builders Ramp Up Construction Based on Demand

By Sherrie Bellamy - July 07, 2021
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading to more buyer competition and bidding wars. If you’re having a hard time finding a ho

What Do Experts See on the Horizon for the Second Half of the Year?

By Sherrie Bellamy - July 01, 2021
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on the horizon? Mortgage Rates Will Likely Increase, but Remain Low Many experts ar

What To Expect as Appraisal Gaps Grow

By Sherrie Bellamy - June 29, 2021
In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data suppo

Homeowner Wealth Increases Through Growing Equity This Year

By Sherrie Bellamy - June 24, 2021
  Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making monthly mortgage pay

5 Things Homebuyers Need To Know When Making an Offer

By Sherrie Bellamy - June 23, 2021
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer. 1. Know Your Nu

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