When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. … [Read more...] about Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. … [Read more...] about Reasons You Should Consider Selling This Fall
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even … [Read more...] about 5 Reasons Today’s Housing Market Is Anything but Normal
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t … [Read more...] about If Housing Affordability Is About the Money, Don’t Forget This.
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. … [Read more...] about What Do Experts Say About Today’s Mortgage Rates?
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? … [Read more...] about Are Houses Less Affordable Than They Were in Past Decades?
If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. … [Read more...] about Waiting To Buy a Home Could Cost You [INFOGRAPHIC]
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if … [Read more...] about What You Should Do Before Interest Rates Rise
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those … [Read more...] about Diving Deep into Today’s Biggest Buyer Concerns
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 … [Read more...] about What Do Experts See on the Horizon for the Second Half of the Year?