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Market Information What Experts Project For Home Prices Over The Next 5 Years September 12, 2023 For BuyersFirst Time Home BuyersMove-Up BuyersHousing Market UpdatesBuying Myths If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far […]
Home Owners Planning to Retire? Equity Can Help You Make A Move! September 11, 2023 For SellersDemographicsSelling Myths Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, you may be in a […]
Market Information How much EQUITY have you earned?
Market Information Mortgage Rates, Past, Present and Possible Future September 6, 2023 Interest RatesHousing Market Updates If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of […]
Market Information Expert Home Price Forecasts Revised UP for 2023 September 5, 2023 PricingHousing Market Updates Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the […]
Home Owners Why Its Still A Sellers Market Today September 4, 2023 For SellersHousing Market UpdatesSelling Myths Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want […]
Market Information Inflation and Mortgage Rates- VIDEO
Market Information How Inflation Affects the Housing Market August 31, 2023 For BuyersFor SellersInterest RatesHousing Market Updates Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of […]
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Market Information Buyer Traffic is STILL Stronger Than The Norm Wednesday August 30th, 2023 For Sellers, Housing Market Updates, Demographics, Selling Myths Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it. The ShowingTime Showing Index is a measure of […]
Home Owners Why you may still want to sell your house after all! August 29, 2023 For SellersDemographicsSelling Myths Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: […]
Market Information What are the 2 Biggest Fears Consumers Have? VIDEO
Uncategorized Why Median Homes Sales Price Is So Confusing Right Now! August 21, 2023 For BuyersFor SellersPricingHousing Market UpdatesBuying MythsSelling Myths The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This […]
Market Information Don’t Expect a Wave of Foreclosures- Inforgraphic Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments. Since most are paying on time, a wave isn’t coming. If you’re concerned […]
Uncategorized People Want Less Expensive Homes- And Builders Are Responding Thursday August 17th, 2023 For Buyers, Pricing, Interest Rates, Housing Market Updates In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built […]
Uncategorized Equity is a Game Changer for Home Owners Looking to Sell! August 15, 2023 For SellersMove-Up BuyersHousing Market UpdatesSelling Myths If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help […]
Home Owners How Much Equity Is In Your Home?
Market Information Are Foreclosures Going To Flood The Market- Video
Market Information There is only HALF the inventory of a normal housing market! Tuesday August 8th, 2023 For Sellers, Housing Market Updates, Selling Myths Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a […]
Home Owners 4 Ways You Can Use Your Equity Four Ways You Can Use Your Home Equity Monday August 7th, 2023 For Buyers, Foreclosures, First Time Home Buyers, Move-Up Buyers, Buying Myths If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve […]
Market Information How Inflation Affects Interest Rates Thursday August 3rd, 2023 For Buyers, Interest Rates, Move-Up Buyers, Housing Market Updates, Buying Myths When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is […]