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If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but everyone needs to remember that the […]
In today’s housing market, many wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Modern home loans aren’t what they used to be. They are indeed a different game. Let’s ease those concerns Several times a year, the Mortgage Bankers Association (MBA) releases an index […]
If you’re considering buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, you should always consider timing. So, what does this year’s outlook hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is Likely To […]
You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you want to spend your vacations this year. […]
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded […]
Some Highlights.
Some Highlights Today’s housing market directly results from low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and likely sell quickly and […]
A recent survey revealed that many consumers believe a housing bubble is beginning to form. That feeling is understandable, as year-over-year home price appreciation is still double-digit. However, this market is very different from it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. […]
Some Highlights
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While […]
From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers are moving right now, creating an unseasonably strong housing market for this time of year. As we wrap up the fall season and move into […]
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even […]