Virginia Gardner

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Dont Expect a Wave of Foreclosures [INFOGRAPHIC]

Some Highlights

  • With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
  • Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
  • Since most are paying on time, a wave isnt
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People Want Less Expensive Homes And Builders Are Responding

In todays housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than theyve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large

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Where Are People Moving Today and Why?

Plenty of people are still moving these days. And if youre thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what theyre prioritizing most right now. That information could help you plan your own

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About 11,000 Houses Will Sell Today

Some homeowners have been waiting for months to put their house on the market because they dont think people are buying homes right now. If thats you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isnt at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right

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There's Only Half the Inventory of a Normal Housing Market Today

Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.

You may have heard inventory is low right now, but you may not fully realize just how low or why thats a perk when you go to sell your house. This graph from Calculated Risk can help put that into

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Four Ways You Can Use Your Home Equity

If youre a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the unicorn years, youve likely gained more than you think.

According to the latest Equity Insights Report from CoreLogic, the average homeowner has more than $274,000 in equity right

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