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
[...]Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your homes features, there are a lot of benefits. But navigating the complexities of buying a home thats under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the
[...]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
[...]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
[...]When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know.
The Fed is trying hard to reduce inflation. And even though theres been 12 straight months where inflation has cooled
[...]If youre trying to decide if youre ready to buy a home, theres probably a lot on your mind. Youre thinking about your finances, todays mortgage rates and home prices, the limited supply of homes for sale, and more. And, youre juggling how all of those things will impact the choice youll make.
While housing market conditions are definitely a factor in
[...]Many homeowners thinking about selling have two key things holding them back. Thats feeling locked in by todays higher mortgage rates and worrying they wont be able to find something to buy while supply is so low. Lets dive into each challenge and give you some helpful advice on how to overcome these
[...]While this isnt the frenzied market we saw during the unicorn years, homes that are priced right are still selling quickly and seeing multiple offers right now. Thats because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month and the average saw 3.5 offers in
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