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Benefits of Current Mortgage Rate Trends for Sellers
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October, when they hit 7.79%. They’ve been below 7% for over a month now (see graph below): And while they’re not returning to…
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Key Questions Before Home Purchase
If you’re considering buying a home this year, you’re probably paying closer attention to the housing market. And you’re getting your information from various channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot. Here are the…
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2024 Housing Market: Expert Insights
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to move. But what’s on the horizon for the new year? The good news…
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INFOGRAPHIC: 3 Reasons To Sell Your House Before the New Year
In the realm of real estate, timing can make all the difference. It might be worth reconsidering if you’ve been contemplating selling your house and considering waiting until the new year. Here are a few compelling reasons why selling your home now could be wise. 1. Motivated Buyers Are Actively Searching: Current homebuyers are on…
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Economic Resilience: Housing Market Unaffected
If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead to a rash of foreclosures similar to…
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Steady Growth: Home Prices at a Normal Pace
If you’re feeling a bit muddy about home prices, that’s no surprise. Some people still say prices are falling, even though data proves otherwise. Part of that misconception is that people get their information from unreliable sources. But it’s also coming from some media coverage misrepresenting the data. So, to keep things simple, here’s what you need to…
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INFOGRAPHIC: 2024 Housing Market Forecast
Home Price Forecast: Home Sales Projections: Planning to Buy or Sell?