If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are a Continue Reading
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s Continue Reading
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year, buyer demand has eased as Continue Reading
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on professionals for insights. Here are a few things experts are saying about the fall housing Continue Reading
Key Take Aways When you head out to buy a home, several key milestones will be encountered along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your journey starts here. Let’s connect, so you have expert guidance each step of the way. Other educational Continue Reading
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even Continue Reading
Buyer's Three Things to Consider It’s clear the 2022 housing market has been defined by rising mortgage rates. Undoubtedly, with rates on the rise, it’s become more costly to purchase a home for buyers. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If Continue Reading
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that Continue Reading
The Infographic "What Would a Recession Mean for the Housing Market?" above demonstrates that in most of the recent recessions, home prices have appreciated and mortgage rates have declined in the last six recessions. Key Takeaways If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four Continue Reading
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