Uncategorized The most recent housing market projection for 2024.   The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. Spoiler alert: the projections […]
Uncategorized Life-Changing Events That Influence the Real Estate Market Life unfolds through unexpected twists and turns, marked by significant milestones such as the joy of welcoming a new family member, the prospect of retirement leading to new adventures, or the mixed emotions of an empty nest. If you find yourself amidst these transformative moments, the consideration of buying or selling a house may be […]
Uncategorized The net worth of homeowners has experienced a significant surge. If you’re in the process of deliberating between renting and buying a home, consider a crucial piece of information that might boost your decision-making confidence. Every three years, the Federal Reserve Board publishes the Survey of Consumer Finances (SCF), which investigates disparities in net worth between homeowners and renters. Here’s the revelation: the difference between […]
Uncategorized Here are some compelling reasons to consider selling your house before the arrival of the new year.   As the year winds down, you may have decided it’s time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new […]
Uncategorized Are grandparents relocating to live nearer to their grandchildren? Amidst the pandemic, numerous individuals maintained physical distance from their loved ones due to health concerns. Grandparents were especially advised to refrain from visiting their grandchildren, particularly as schools reopened, owing to the potential risk of their young ones contracting illnesses from the school environment. With the pandemic now behind us, there is a growing […]
Uncategorized Are you a prospective homebuyer with concerns about the impacts of climate risks?   With the growing impact of natural disasters, residential real estate faces emerging challenges. A recent article from CoreLogic highlights these concerns, stating: “As the ominous specter of climate change looms, the world anticipates unprecedented challenges. Within the realm of real estate, one significant challenge revolves around the consequences of natural catastrophes on property portfolios, […]
Uncategorized Exploring the Advantages of Owning a Home Over the Long Term   If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there’s more to consider. You should think about the long-term benefits of homeownership too. Think about this: if you […]
Uncategorized Commencing with pre-approval…   If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to […]
Don't Miss Our Next Post
Subscribe Now
Uncategorized Should Baby Boomers opt to purchase or lease a property following the sale of their homes? Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your […]
Uncategorized Get Ready for Smaller, More Affordable Homes “Are you in the market for a new home but finding yourself constrained by the surge in mortgage rates and soaring property prices? If so, there’s promising news on the horizon, according to Ali Wolf, Chief Economist at Zonda. She predicts that we can anticipate a significant increase in the availability of entry-level homes over […]
Uncategorized Home price forecasts by experts have been revised upward for the year 2023.   Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong. […]
Uncategorized The housing market is being influenced by Gen Z, the upcoming generation, as they make significant strides.   Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents’ roofs to owning their own homes. […]
Uncategorized Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are again using ARMs when buying a home. Let’s explain why that’s happening and why this isn’t cause for concern. Why ARMs Have Gained Popularity […]
Uncategorized Why Median Home Sales Price Is Confusing Right Now The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been following […]
Uncategorized Sellers: Don’t Let These Two Things Hold You Back Numerous homeowners contemplating the sale of their properties confront two significant hurdles impeding their decisions. Firstly, they sense a certain constraint due to the prevailing elevated mortgage rates. Secondly, concerns arise about the feasibility of discovering suitable replacement homes amidst the backdrop of a restricted supply. In the subsequent discussion, we will delve into each […]
Uncategorized Four Ways to Put Your Home Equity to Work If you own a home, chances are that your equity has grown substantially in recent years. This occurs as property values rise and your mortgage balance decreases over time. The recent ‘unicorn’ years saw a surge in home prices, leading to even more significant gains in equity than anticipated. According to CoreLogic’s latest Equity Insights […]
Uncategorized The foreclosure statistics of today bear no resemblance to those of 2008.   If you’ve been following the recent news, you’ve probably noticed headlines discussing the rise in foreclosures in today’s housing market. This might have caused some concern, especially if you’re considering buying a home. However, it’s crucial to understand the context of these reports to get a clear picture of the current situation. According to […]
Uncategorized Housing Prices Are Bouncing Back In today’s news, there might be uncertainty surrounding home prices, with concerns about whether the worst is yet to come. However, being cautious of the unnecessarily negative picture portrayed in current headlines is essential. When looking at the year-over-year view, it is true that home prices experienced a drop, but this is largely due to […]
Uncategorized Reasons Your House Might Not Sell   When it comes to selling your home, you want three things: to sell it for the most money possible, to do it in the shortest amount of time possible, and to do so with the fewest hassles potential. And, while the current property market is typically favorable to sellers due to today’s restricted housing […]
Uncategorized Americans continue to see home ownership as the American Dream. Everyone has their own idea of the American Dream. However, for many others, it is associated with a sense of achievement, independence, and affluence. All of these benefits may be provided by owning a home. A new Bankrate study asked respondents which achievements they believe best exemplify the American Dream. The replies show that owning […]