Some Highlights

• If youre thinking that waiting a year or two to purchase a home might mean youll save some money, think again.
• Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.
• Buying a home now means youll spend less in the long run. Lets connect to put your homebuying plans in motion before home prices and mortgage rates climb even

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the

The question many homebuyers are facing this year is, Why is it so hard to find a house? Were in the ultimate sellers market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising. Why? Its because there are so few houses for

Last weeks Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and its fueling a steady rise in home prices.

In such a hot market, houses are selling quickly. According to the National Association of

Some Highlights

• In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of todays housing market.
• When addressing whether or not todays high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this is not a bubble. It is simply lack of

Dont be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like theyve missed the chance to score a great rate on their next mortgage. In reality, theres still time to secure a rate far below the historic norm. Heres why.

After creeping up for seven consecutive weeks, average mortgage rates have dropped more