Why You Shouldn’t Fear Today’s Foreclosure Headlines

By |2023-01-25T04:30:49-07:00January 25th, 2023|Categories: For Buyers, For Sellers, Foreclosures, Housing Market Updates, Real Estate|

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure [...]

The 3 Factors That Affect Home Affordability

By |2023-01-24T04:30:15-07:00January 24th, 2023|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:“. . . with slowly improving affordability and a more [...]

Want To Sell Your House? Price It Right.

By |2023-01-23T04:00:50-07:00January 23rd, 2023|Categories: For Sellers, Pricing, Real Estate, Selling Myths|

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:“. . . some of the more prominent pandemic trends have changed, so sellers might [...]

What’s Really Happening with Home Prices? [INFOGRAPHIC]

By |2023-01-20T04:30:13-07:00January 20th, 2023|Categories: For Sellers, Housing Market Updates, Infographics, Pricing, Real Estate|

Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared [...]

A Majority of Consumers Say It’s a Good Time To Sell Your House

By |2023-01-19T12:56:41-07:00January 19th, 2023|Categories: For Sellers, Real Estate|

If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right. According to recent data, that [...]

Have Home Values Hit Bottom?

By |2023-01-18T04:00:27-07:00January 18th, 2023|Categories: For Buyers, For Sellers, Pricing, Real Estate|

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.One of the questions that’s on [...]

Think Twice Before Waiting for 3% Mortgage Rates

By |2023-01-17T04:30:15-07:00January 17th, 2023|Categories: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate|

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press [...]

What Past Recessions Tell Us About the Housing Market

By |2023-01-16T04:30:01-07:00January 16th, 2023|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie [...]

Key Terms To Know When Buying a Home [INFOGRAPHIC]

By |2023-01-13T04:30:27-07:00January 13th, 2023|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the [...]

Is It Time To Sell Your Second Home?

By |2023-01-12T04:30:00-07:00January 12th, 2023|Categories: For Sellers, Housing Market Updates, Luxury Market, Real Estate|

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent [...]