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2025 Housing Market Forecasts: What To Expect
Looking ahead to 2025, it’s essential to know what experts are projecting for the housing market. Whether you’re considering buying or selling a home next year, having a clear picture of what they are for can help you make the best possible decision regarding your homeownership plans. Here’s an early look at the most recent projections…
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What Mortgage Rate Are You Waiting For?
You won’t find anyone who will argue that mortgage rates have significantly impacted affordability over the past couple of years. But there is hope on the horizon. Rates have started to come down. And, recently, they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that may leave you wondering: how…
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How Mortgage Rate Changes Impact Your Homebuying Power
If you’re considering buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have been trending…
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Where Will You Go After You Sell?
If you plan to sell your house and move, you probably know there’s been a shortage of options. But here’s the good news: the supply of homes for sale has grown in many markets this year – and that’s not just existing or previously owned homes. It’s true for newly built homes, too. So, how do you decide which…
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Understanding Your Home Insurance Policy: What You Need to Know
Having the right insurance policy is crucial when it comes to protecting your home. Home insurance provides peace of mind by covering unexpected events that can cause significant damage or loss. In this blog, we’ll break down the essential components of a home insurance policy to help you ensure that you are adequately protected. Dwelling…
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Market Trends Report | AUG. ’24
Understanding Market Dynamics in August As we move into August, the real estate market shows a blend of anticipation and cautious behavior from buyers and sellers. Here’s an in-depth look at the current trends shaping the market: Anticipation of Rate Cuts The widely-held belief that a rate cut is on the horizon in September is…
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Top Mistakes Sellers Make
The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity, and at the same time, the supply of homes for sale is growing. If you aren’t working with an agent, you may not realize that. Here’s the downside: If you’re not informed, you can’t adjust your strategy or expectations to today’s market, which…