Tag: real estate market

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 […]

The True Cost of Selling Your House on Your Own

Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house without a Realtor, here’s what you should know about […]

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. Let’s take a closer look at […]

The Best Time To Sell Your House Is When Others Aren’t Selling

In an earlier blog, we discussed what the best season of the year is to sell your house. In light of today’s market, we’re going to amend that a bit by telling you why the best time to sell your house is when others aren’t selling theirs. If you’re thinking about selling your house, you […]

Strong Job Market Is Fueling Homebuyer Demand

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong and getting stronger. This effectively illustrates how America’s strong job market is fueling homebuyer demand. One way we know there are interested buyers right now is because showing traffic […]

The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. This is a trend we noted […]

The Impact of Changing Mortgage Rates

If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. The charts below show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the expertise […]