Housing Market Updates

Why the Growing Number of Homes for Sale Is Good for Your Move Up

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers /

\"WhyAre you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to […]

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History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing /

Some Highlights

It’s important to understand history proves an economic slowdown does not equal a housing crisis.
In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by n…

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Why Home Loans Today Aren’t What They Were in the Past

For Buyers, For Sellers, Housing Market Updates /

\"WhyIn today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their […]

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What Does the Rest of the Year Hold for the Housing Market?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers /

\"WhatIf you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes […]

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How Buying or Selling a Home Benefits the Economy and Your Community

For Buyers, For Sellers, Housing Market Updates /

\"HowIf you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much […]

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Sellers Have an Opportunity as Home Prices Re-Accelerate

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing /

\"SellersAs mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data […]

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The One Thing Every Homeowner Needs To Know About a Recession

For Buyers, For Sellers, Housing Market Updates /

\"TheA recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]

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Why Rising Mortgage Rates Push Buyers off the Fence

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers /

\"WhyIf you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]

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If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

For Sellers, Housing Market Updates /

\"IfIn today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy […]

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What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

Distressed Properties, Foreclosures, Housing Market Updates /

\"WhatWhile you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were […]

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