Uncategorized Why We Aren’t Headed for a Housing Crash Why We Aren’t Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different […]
Uncategorized Why You Want an Agent’s Advice for Your Move Why You Want an Agent’s Advice for Your Move No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You […]
Uncategorized Why Today’s Housing Supply Is a Sweet Spot for Sellers Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared […]
Uncategorized Expert Home Price Forecasts for 2024 Revised Up Expert Home Price Forecasts 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 – and what’s caused the change. 2024 Home Price […]
Uncategorized Some Experts Say Mortgage Rates May Fall Below 6% Later This Year Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell […]
My Monthly Market Summary Market Summary for the Beginning of February 2024 Hello, Market Summary for the Beginning of February Here are the basics – the ARMLS numbers for February 1, 2024 compared with February 1, 2023 for all areas & types: Active Listings: 15,574 versus 15,598 last year – down 0.2% – but up 7.1% from 14,543 last month Pending Listings: 4,576 versus 5,109 last year – […]
Uncategorized 3 Key Factors Affecting Home Affordability 3 Key Factors Affecting Home Affordability Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford […]
Mortgage Rates 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers 2 Reasons Why 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 7.79%. In fact, they’ve been below 7% for […]
Don't Miss Our Next Post
Subscribe Now
Uncategorized Home Prices Forecast To Climb over the Next 5 Years Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC] Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over […]
Uncategorized Avoid These Common Mistakes After Applying for a Mortgage Avoid These Common Mistakes After Applying for a Mortgage If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for […]
Mortgage Rates What Lower Mortgage Rates Mean for Your Purchasing Power What Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph […]
Uncategorized Thinking About Buying a Home? Ask Yourself These Questions Thinking About Buying a Home? Ask Yourself These Questions If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and […]
Uncategorized Things To Consider If Your House Didn’t Sell Things To Consider If Your House Didn’t Sell If your listing has expired and your house didn’t sell, it’s completely normal to feel a mix of frustration and disappointment. Understandably, you’re probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next. Did You Limit […]
My Monthly Market Summary Market Summary for the Beginning of 2024 Market Summary for the Beginning of 2024 Here are the basics – the ARMLS numbers for January 1, 2024 compared with January 1, 2023 for all areas & types: Active Listings:14,593 versus 16,298 last year – down 10.5% – and down 8.7% from 15,981 last month Under Contract/Pending Listings: 5,127 versus 5,456 last year – down […]
Uncategorized 3 Keys To Hitting Your Homeownership Goals in 2024 3 Keys To Hitting Your Homeownership Goals in 2024 If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing […]
Uncategorized The Benefits of Working With an Agent When You Sell Your House The Benefits of Working With an Agent When You Sell Your House [INFOGRAPHIC] Some Highlights When it comes to selling your house, the expertise of a trusted real estate agent can make a big difference. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed […]
Uncategorized What You Need To Know About Saving for a Home in 2024 What You Need To Know About 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 understand some of the costs you may […]
My Monthly Market Summary Market Summary for the Beginning of December 2023 Hello…… Market Summary for the Beginning of December Here are the basics – the ARMLS numbers for December 1, 2023 compared with December 1, 2022 for all areas & types: Active Listings : 15,981 versus 19,155 last year – down 17% – but up 4.8% from 15,247 last month Under Contract Listings: 5,867 versus 6,352 last […]
Uncategorized Expert Quotes on the 2024 Housing Market Forecast Expert Quotes on the 2024 Housing Market Forecast If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But […]
Uncategorized Why You Should Use a Real Estate Agent When You Buy a Home Why You Should Use a Real Estate Agent When You Buy a Home If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t have to navigate all […]