Confused About What’s Going on in the Housing Market? Lean on a Professional.
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom […]
What To Expect From the Housing Market in 2023
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]
Homeownership Is an Investment in Your Future
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are […]
Ready To Sell? Today’s Housing Supply Gives You Two Opportunities
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It […]
Should You Sell Your House During The Holidays? Your House Could Be the #1 Item on a Homebuyer’s Wish List
Each year, homeowners planning to make a move are faced with a decision: should you sell your house during the holidays or wait? And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to […]
3 Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, there’s a focus on the home affordability challenges buyers are facing today. Those headlines are usually focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the […]
Millennials Are Still a Driving Force of Today’s Buyer Demand
There’s no doubt that the market is shifting, but if you’re thinking about selling your house, we have some good news. If you’re wondering if buyers are still out there, know that there are still many people who are searching for a home to buy today – and your house may be exactly what they’re […]
Perspective Matters When Selling Your House Today
Does the latest news about the housing market have you questioning whether or not selling your house today makes sense? If so, perspective is key. Here are some of the ways a trusted real estate professional like myself can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. […]
If You’re Thinking of Selling Your House This Fall, Hire a Pro
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. […]
3 Tips for Buying a Home Today
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. In recent blogs, we’ve talked about the housing market shift and how it’s creating new opportunities for homebuyers. Plus, recent data shows the supply of […]
