Top 3 Housing Market Questions

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a [...]

By |2023-11-30T19:30:23+00:00November 30th, 2023|Real Estate, Residential|Comments Off on Top 3 Housing Market Questions

Why Buying a Vacation Home Beats Renting One This Summer

For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According to Forbes: “. . . [...]

By |2023-05-30T15:04:59+00:00May 30th, 2023|Uncategorized|Comments Off on Why Buying a Vacation Home Beats Renting One This Summer

Homeowners Have Incredible Equity To Leverage Right Now

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 National Association of Realtors (NAR) explains how your [...]

By |2023-05-15T18:41:23+00:00May 15th, 2023|Real Estate, Residential|Comments Off on Homeowners Have Incredible Equity To Leverage Right Now

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s 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 [...]

By |2023-05-11T19:15:06+00:00May 11th, 2023|Homeownership, Real Estate|Comments Off on The Best Time To Sell Your House Is When Others Aren’t Selling

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint [...]

By |2023-05-03T15:55:17+00:00May 3rd, 2023|Real Estate|Comments Off on Buyer Activity Is Up Despite Higher Mortgage Rates

Why Today’s Foreclosure Numbers Are Nothing Like 2008

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, [...]

By |2023-04-27T19:01:05+00:00April 27th, 2023|Uncategorized|Comments Off on Why Today’s Foreclosure Numbers Are Nothing Like 2008

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. [...]

By |2023-04-18T16:44:20+00:00April 18th, 2023|Real Estate, Residential|Comments Off on Think Twice Before Waiting for Lower Home Prices

How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship [...]

By |2023-04-05T18:27:15+00:00April 3rd, 2023|Homeownership, Real Estate, Uncategorized|Comments Off on How Changing Mortgage Rates Can Affect You

What Buyer Activity Tells Us About the Housing Market

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can [...]

By |2023-03-24T13:35:44+00:00March 16th, 2023|Real Estate, Residential|Comments Off on What Buyer Activity Tells Us About the Housing Market

Rising Mortgage Rates

Over the last few weeks, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy [...]

By |2023-05-12T18:03:13+00:00March 1st, 2023|Homeownership, Real Estate, Residential|Comments Off on Rising Mortgage Rates
Go to Top