What To Expect From the Housing Market in 2023
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]
Homeownership Is an Investment in Your Future
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are […]
Key Advantages of Buying a Home Today
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising […]
Should You Sell Your House During The Holidays? Your House Could Be the #1 Item on a Homebuyer’s Wish List
Each year, homeowners planning to make a move are faced with a decision: should you sell your house during the holidays or wait? And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to […]
3 Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, there’s a focus on the home affordability challenges buyers are facing today. Those headlines are usually focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the […]
Millennials Are Still a Driving Force of Today’s Buyer Demand
There’s no doubt that the market is shifting, but if you’re thinking about selling your house, we have some good news. If you’re wondering if buyers are still out there, know that there are still many people who are searching for a home to buy today – and your house may be exactly what they’re […]
3 Reasons Why Today’s Housing Market Isn’t a Housing Bubble Like 2008
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete data […]
Two Questions Every Homebuyer Should Ask Themselves Right Now
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows […]
If You’re Thinking of Selling Your House This Fall, Hire a Pro
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. […]
Why Buying a Home in Fall and Winter Seasons Makes Sense
If you ask around, you will notice everyone has their opinion on when is the best time to buy a home. However, the traditional rules no longer apply. Following an unprecedented two-year period that saw a lack of homes for sale, the homes that were for sale flying off the market, and rock-bottom mortgage rates, […]
