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Why Your House Will Shine in Today’s Market
Even though more homes are available for sale than last year, there are still more buyers than houses. So, know that your home can stand out if you’ve got moving on your mind. There are several key reasons why there aren’t enough homes to go around, and understanding them will help you see why the…
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Planning To Sell Your House in 2025? Start Prepping Now
If you want to sell your house in 2025, now’s the time to start prepping. Even though it might seem like plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make now. As Danielle Hale, Chief Economist at Realtor.com, says: “ . . . now is…
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What To Expect from Mortgage Rates and Home Prices in 2025
Curious about where the housing market is headed in 2025? The good news is that experts offer some promising forecasts, especially regarding two key factors that directly affect your decisions: mortgage rates and home prices. Whether you’re thinking of buying or selling, here’s what the experts say and how it might impact your move. Mortgage Rates Are Forecast…
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The Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners can often put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why, as home equity reaches a new height, the median down payment has, too. According to the latest data from Redfin,…
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Two Reasons Why the Housing Market Won’t Crash
You may have heard chatter recently about the economy and a possible recession. Unsurprisingly, that noise worries some people about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now. Real estate journalist Michele Lerner says:…
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How Much Does It Cost To Sell My House?
If you’re toying with selling your house, you’re probably wondering how much it’ll cost. The final number will depend on several factors, like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. So, to give you a ballpark of what to expect, here’s some information…
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Now’s the Time To Upgrade to Your Dream Home
If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below): But there’s also a good chance you, like many others, have been holding off on that…
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Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that prices are coming down. But here’s the catch: those numbers don’t tell the whole story. Home values are rising nationally, even if the median price…
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Market Trends Report | OCT. ’24
Realtor® Insights: October Real Estate Trends As we transition into fall, October brings new opportunities in the real estate market. Sellers are feeling more confident, and buyers are exploring second-home options. Whether you plan to sell, buy, or invest in a vacation home, here’s what’s happening in the market this month. More Sellers Are Listing…