Housing Market Updates

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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

\"TwoWith the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates […]

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Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

For Sellers, Housing Market Updates, Infographics, Selling Myths /

\"Numbers

Some Highlights

  • Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says.
  • Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect.
  • Feeling motivated? If you’re ready to sell and capitalize on today\’s market, let’s connect.

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Why a Wave of Foreclosures Is Not on the Way

Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales /

\"WhyWith forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million […]

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Experts Project Mortgage Rates Will Continue To Rise in 2022

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

\"ExpertsMortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over […]

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Sellers Have Incredible Leverage in Today’s Market

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

\"SellersWith mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home […]

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Housing Challenge or Housing Opportunity? It Depends.

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

\"HousingThe biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see […]

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There Are More Homes Available Now than There Were This Spring

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

\"ThereThere’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually […]

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