Housing Market Updates

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

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

\"UsingIf you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either […]

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The Future of Home Price Appreciation and What It Means for You

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"TheMany consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at […]

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What’s Happening with Mortgage Rates, and Where Will They Go from Here?

For Buyers, Housing Market Updates, Interest Rates, Pricing /

\"What’sBased on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was […]

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The Best Week To List Your House Is Just Around the Corner

For Sellers, Housing Market Updates /

\"TheAre you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years (excluding 2020, […]

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A Key To Building Wealth Is Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy /

\"AThe link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve […]

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What You Can Expect from the Spring Housing Market

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing /

\"WhatAs the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — […]

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What You Need To Know if You’re Thinking About Building a Home

For Buyers, Housing Market Updates, Move-Up Buyers, New Construction /

\"WhatIf you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are doing everything they can […]

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The Average Homeowner Gained More Than $55K in Equity over the Past Year

For Sellers, Housing Market Updates, Pricing /

\"TheIf you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain […]

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Did Your Dream Home Just Come on the Market?

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

\"DidFor the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s a graph showing the monthly new […]

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