The Risks of Selling Your House on Your Own
Are you thinking about selling your house on your own (known as a For Sale by Owner or FSBO)? If so, know there’s a whole lot more time and expertise needed in that process than you might think. While the idea of doing it all by yourself might seem tempting, it’s important to recognize the […]
The Perks of Selling Your House When Inventory Is Low
When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s what you need to know about the current inventory situation and what it means for […]
Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon
You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – today’s housing inventory shows a crash isn’t on the horizon. That’s because the market now is very different from 2008. […]
People Want Less Expensive Homes – And Builders Are Responding
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. As a result of these factors, people want less expensive homes that they can afford to buy. To overcome those challenges, many people are working with their real […]
Why You Need a True Expert in Today’s Housing Market
The housing market continues to shift and change, and in a fast-moving landscape, like we are in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, you need a true expert in today’s housing market who can guide […]
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And, after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why you don’t need to fear the return of […]
Equity Is a Game Changer for Homeowners Looking To Sell
If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding how your equity is a game changer for homeowners looking to sell may be exactly what you need to […]
Owning Your Home Helps You Build Wealth
You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning your home helps you build wealth and is typically viewed as a good long-term investment. Homeownership Builds Wealth Regardless of Income […]
Explaining Today’s Mortgage Rates
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. At the same time, there are markers that assist us in explaining today’s mortgage rates. One thing that historically is a […]
Homebuyers Are Getting Used to the New Normal
Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are getting used to the new normal and adapting to today’s mortgage rates. To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for […]