Housing Market Updates

Important Distinction: Homes Are Less Affordable, Not Unaffordable

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates /

\"ImportantIt’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they […]

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What Does the Future Hold for Home Prices?

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths /

\"WhatIf you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer […]

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Sellers: Your House Could Be an Oasis for Buyers Seeking More Options

For Sellers, Housing Market Updates /

\"Sellers:Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly […]

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What Do Past Years Tell Us About Today’s Real Estate Market?

For Sellers, Housing Market Updates, Selling Myths /

\"WhatAs you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean? The housing market today is […]

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Don’t Wait for a Lower Mortgage Rate – It Could Cost You

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

\"Don’tToday’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve […]

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What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]

For Sellers, Housing Market Updates, Infographics, Interest Rates, Millennials, New Construction /

Some Highlights

Today’s strong sellers’ market is the direct result of high demand and low supply.
Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeown…

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111,285 Reasons You Should Buy a Home This Year

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

\"111,285The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing […]

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What Do Supply and Demand Tell Us About Today’s Housing Market?

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

\"WhatThere’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is […]

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The Main Key To Understanding the Rise in Mortgage Rates

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

\"TheEvery Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam […]

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As Home Equity Rises, So Does Your Wealth

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

\"AsHomeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. […]

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