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Now’s a Great Time To Sell Your House
Are you thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your changing needs to determine your next move. Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percentage of respondents who say it’s an excellent time to sell is on the rise (see graph below): Why Are…
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What You Need To Know About Home Prices
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices will come down. If you’re one of the people worried about that, here’s what you need to know. Much of that fear probably comes from what you hear in the media or reading online. But here’s the thing to remember. Negative news…
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Mastering Seller Concessions: Your Real Estate Edge
Unlocking the Power of Seller Concessions: A Guide for Home Sellers Staying ahead of the game is essential in the ever-evolving real estate landscape. With the looming changes in the National Association of Realtors (NAR) settlement and growing buyer hesitation, mastering the art of seller concessions is poised to become your ultimate superpower as a…
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Builders Are Building Smaller Homes
There’s no arguing about it; affordability is still tight. If you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still within your budget. But there is a silver lining: builders are focused on building these smaller homes right now and offering incentives, which can help give you more…
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Overcoming Student Loans for Homeownership
If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or could you still qualify for a home loan even with that debt? Here’s a look…
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Don’t Overprice: The Costly Mistake in Home Selling
If you’re trying to sell your house, you may consider this spring season the sweet spot—and you’re not wrong. We’re still in a seller’s market because there are so few homes. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign. But while conditions…
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Market Trends Report | APR. ’24
Navigating Interest Rate Drops Sellers in the real estate market are closely watching the Federal Reserve’s signals, which hint at potential interest rate drops this year. This assurance has sparked a shift in seller behavior, with many feeling more confident in exploring their options and listing their properties. Let’s delve into the data and trends…