Homeowners The Number One Mistake Sellers Are Making The Number One Mistake Sellers Are Making: Overpricing Their House The number one mistake sellers are making is overpricing their homes. In today’s housing market, many sellers are making this critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And […]
Buyers How Does the Economy Impact Mortgage Rates How Does the Economy Impact Mortgage Rates How does the economy impact mortgage rates? As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money […]
Buyers Home Prices Aren’t Declining Home Prices Aren’t Declining, But Headlines Might Make You Think They Are Home prices aren’t declining, but headlines might make you think they are. If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The […]
Buyers Finding Your Perfect Home in a Fixer Upper Finding Your Perfect Home in a Fixer Upper Finding your perfect home in a fixer upper? If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has […]
Buyers Expert Home Price Forecasts for 2024 Revised Up Expert Home Price Forecasts for 2024 Revised Up Expert Home Price for 2024 Revised Up. Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – […]
Sellers Today’s Mortgage Rate Trend Is Good for Sellers Today’s Mortgage Rate Trend Is Good for Sellers Today’s mortgage rate trend is good for Sellers. If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit […]
Buyers Saving for a Home in 2024? What You Need To Know About Saving for a Home in 2024 Saving for a home in 2024? If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you […]
Buyers Why Are Homeowners Thankful They Own? Why Are Homeowners Thankful They Own? Why are homeowners thankful they own? Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home. But why? It’s because of the many emotional and lifestyle benefits that come with […]
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Buyers Why Do Home Prices Keep Going Up? Why Do Home Prices Keep Going Up? Why Do Home prices keep going up? 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 […]
Buyers The Latest Expert Forecasts for Home Prices in 2023 The Latest Expert Forecasts for Home Prices in 2023 The latest expert forecasts for home prices in 2023. Are you thinking about making a move? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices […]
Buyers How Inflation Impacts the Housing Market How Inflation Impacts the Housing Market 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 price growth specific […]
Homeowners Equity Is a Game Changer for Homeowners Looking To Sell Equity Is a Game Changer for Homeowners Looking To Sell Equity is a game changer for homeowners looking to sell. 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 […]
Homeowners Four Ways You Can Use Your Home Equity Four Ways You Can Use Your Home Equity Here are Four Ways You Can Use Your Home Equity. 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, […]
Buyers Don’t Fall for the Next Shocking Headlines About Home Prices Don’t Fall for the Next Shocking Headlines About Home Prices Don’t fall for the next shocking headlines about home prices. If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that […]
Buyers Why Homeownership Wins in the Long Run Why Homeownership Wins in the Long Run Why Homeownership wins in the long run. Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term […]
Buyers What Homebuyers Need To Know About Credit Scores What Homebuyers Need To Know About Credit Scores What Homebuyers need to know about credit scores. If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments […]
Buyers Are Home Prices Going Up or Down? That Depends… Are Home Prices Going Up or Down? That Depends… Are home prices going up or down? That depends… Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there […]
Buyers Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off The ‘Unicorns’ have galloped off. Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the […]
Buyers The True Value of Homeownership The True Value of Homeownership The True Value of Homeownership? Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides. Of course, there are […]
Buyers What You Need To Know About Home Price News What You Need To Know About Home Price News What you need to know about home price news. Statistics can be tricky to interpret. The National Association of Realtors (NAR) released its latest Existing Home Sales Report Thursday. The information it contains on home prices may cause some confusion and could even generate some troubling […]