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Market Information Why Home Prices Keep Going Up! October 23, 2023 For BuyersFor SellersPricingFirst Time Home BuyersHousing Market UpdatesBuying MythsSelling Myths If you’ve ever dreamed of buying your own place, or selling your current house to upgrade, you’re no stranger to the rollercoaster of emotions changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many […]
Market Information Home Price Growth is Returning to Normal Some Highlights If you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year. Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on. Home prices […]
Market Information Explaining Today Low Housing Supply- Inforgraphic Some Highlights Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents know exactly where to look and what to do to make your dream a reality. Let’s […]
Market Information Why Today’s Housing Inventory Shows A Crash Isn’t on the Horizon Wednesday September 27th, 2023 For Buyers, For Sellers, Foreclosures, Housing Market Updates You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008. One important reason is there […]
Market Information The Return of Normal Seasonality for Home Price Appreciation September 26, 2023 For BuyersFor SellersPricingFirst Time Home BuyersMove-Up BuyersHousing Market UpdatesBuying MythsSelling Myths If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s […]
Market Information The MANY non-financial benefits of home ownership September 21, 2023 For BuyersFirst Time Home BuyersDemographicsBuying Myths Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top […]
Market Information Remote Work is Changing How Buyers Search Wednesday September 20th, 2023 For Buyers, First Time Home Buyers, Buying Myths The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that’s a 417% increase […]
Market Information Home Equity Can Offset Affordability Challenges Tuesday September 19th, 2023 For Sellers, Interest Rates, Housing Market Updates, Selling Myths Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though […]
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Home Owners Are more housing coming to the market? September 18, 2023 For SellersHousing Market UpdatesSelling Myths An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But […]
Market Information Why is Housing Inventory Low? September 14, 2023 For BuyersFor SellersInterest RatesHousing Market UpdatesNew Construction One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There […]
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 […]
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: […]