If youre trying to decide if nows the time to sell your house, heres what you should know. The limited number of homes available right now gives you a big advantage. Thats because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the
[...]Youre probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If youre a renter, youre likely experiencing it a lot as your rent continues to
[...]The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems fromthe fact that NAR will report the median sales price, while other home price indices
[...]If youre following the news today, you may feel a bit unsure about whats happening with home prices and fear whether or not the worst is yet to come. Thats because todays headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices arent in a freefall. The latest data tells a very different and much
[...]Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The
[...]While home prices vary by local area, theyve already hit their low point nationally, and now theyre starting to rise again.
Last July, prices started to decline, but around February, they began climbing back up.
If you put your plans to move on hold waiting to see what would happen with home prices, reach out to a local real estate expert to discuss if nows the right time to jump back
[...]While home prices vary by local area, theyve already hit their low point nationally, and now theyre starting to rise again.
Last July, prices started to decline, but around February, they began climbing back up.
If you put your plans to move on hold waiting to see what would happen with home prices, reach out to a local real estate expert to discuss if nows the right time to jump back
[...]If youre thinking about selling your house, you should know the number of homes for sale right now is low. Thats because, this season, there are fewer sellers listing their houses for sale than the norm.
Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit and stalled the housing market
[...]If youre reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Heres what you need to know.
While the Feds working hard to lower inflation, the latest
[...]Theres been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, its easy enough to understand why that worry has come up.
But the data clearly shows todays market is very different than it was before the
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