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The shorter days bring on longer evenings to snuggle in and enjoy a cozy fire, catch up on a good book, or prepare for the holidays that are upon us. However you choose to spend it, embrace the beauty of the season remembering to slow down and enjoy the moments that create memories.
What’s Ahead for Home Prices? As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most …
What is the strength of home owners today? The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 …
Why consider condos in your search? The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for …
Continue reading "Why You Should Consider Condos as Part of Your Home Search"
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy …
Continue reading "Buyers May Face Less Competition as Bidding Wars Ease"
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers are making …
Continue reading "Why You May Want To Start Your Home Search Today"
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage …
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw …
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a result. That means you may have …
Continue reading "Wondering Where You’ll Move if You Sell Your House Today?"
June is National Homeownership Month. During this time, it's good to reflect on where you are at and want to be when it comes to real estate. Perhaps you're a renter that is looking to take the plunge. It's new terrain that you haven't quite gotten to know. If you own your home, perhaps now …
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