3 Reasons Affordability Is Showing Signs of Improvement This Fall
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work.
3 Reasons Affordability Is Showing Signs of Improvement This Fall Read More »
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work.
3 Reasons Affordability Is Showing Signs of Improvement This Fall Read More »
The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set Mortgage Rates Right now, all eyes are on the Fed. Most economists expect they’ll cut the Federal Funds
What a Fed Rate Cut Could Mean for Mortgage Rates Read More »
You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year. What Sparked the
Mortgage Rates Just Saw Their Biggest Drop in a Year Read More »
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same. That’s why more buyers are turning to new construction – and
Builder Incentives Reach 5-Year High Read More »
You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even
What Mortgage Delinquencies Tell Us About the Future of Foreclosures Read More »
You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed
What Everyone’s Getting Wrong About the Rise in New Home Inventory Read More »
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since
History Shows the Housing Market Always Recovers Read More »
If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in
Should You Still Expect a Bidding War? Read More »
When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and
More Contracts Are Falling Through. Here’s How To Get Ahead. Read More »
Some Highlights Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal. That’s why almost half of homeowners are making some type of concession. This can include covering closing costs, paying for repairs, or dropping the price. Not sure which concessions to
What You Need To Know About Concessions Read More »