Have you been thinking about selling your house? If so, hereās some good news. While the housing market isn’t as frenzied as it was during the āunicornā years when houses were selling quicker than ever, theyāre still selling faster than normal. The graph below uses data from Realtor.com to tell the story of median days […]
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Why Having Your Own Agent Matters When Buying a New Construction Home
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. Thatās why, if youāre craving more options, […]
Read MoreThereās No Foreclosure Wave in Sight [INFOGRAPHIC]
Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, thereās no need to worry. If you look at the latest numbers, theyāre still below pre-pandemic norms and way below what happened during the crash. If you’re worried about a flood of foreclosures, the data shows a foreclosure crisis […]
Read MoreDonāt Wait Until Spring To Sell Your House
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you donāt actually need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates Last October, the […]
Read MoreForeclosure Activity Is Still Lower than the Norm
Have you seen headlines talking about the increase in foreclosures in todayās housing market? If so, they may leave you feeling a bit uneasy about whatās ahead. But remember, these clickbait titles donāt always give you the full story. The truth is, if you compare the current numbers with what usually happens in the market, […]
Read More2 of the Factors That Impact Mortgage Rates
If youāre looking to buy a home, youāve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because thereās a lot that can influence mortgage rates. Here are just […]
Read MoreWill a Silver Tsunami Change the 2024 Housing Market?
Have you ever heard the term āSilver Tsunamiā and wondered what it’s all about? If so, that might be because thereās been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. What Does Silver Tsunami Mean? A recent article from HousingWire calls […]
Read MoreWhy Itās More Affordable To Buy a Home This Year [INFOGRAPHIC]
Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. Thatās good news if you want to buy a home because it means affordability is getting […]
Read MoreThe Top Benefits of Buying a Multi-Generational Home
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, youāre not alone. More buyers are choosing to go this route and buy a multi-generational home. Hereās a look at some of the top reasons why, to see if a home like this […]
Read MoreAre More Homeowners Selling as Mortgage Rates Come Down?
If youāre looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But thereās another way this benefits you ā it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor thatās really […]
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