Auto Added by WPeMatico

The One Thing Every Homeowner Needs To Know About a Recession

By |2022-05-19T03:00:08-07:00May 19th, 2022|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: [...]

Why Rising Mortgage Rates Push Buyers off the Fence

By |2022-05-17T03:00:46-07:00May 17th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re [...]

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

By |2022-05-16T03:00:36-07:00May 16th, 2022|Categories: For Sellers, Housing Market Updates, Real Estate|

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy [...]

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

By |2022-05-12T03:00:14-07:00May 12th, 2022|Categories: Distressed Properties, Foreclosures, Housing Market Updates, Real Estate|

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were [...]

Are There More Homes Coming to the Market?

By |2022-05-11T03:00:46-07:00May 11th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed [...]

Will Home Prices Fall This Year? Here’s What Experts Say.

By |2022-05-10T03:00:45-07:00May 10th, 2022|Categories: For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen 121 [...]

Today’s Home Price Appreciation Is Great News for Existing Homeowners

By |2022-05-02T03:00:50-07:00May 2nd, 2022|Categories: For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally [...]

How Homeownership Can Help Shield You from Inflation

By |2022-04-26T03:00:24-07:00April 26th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to [...]

Is It Enough To Offer Asking Price in Today’s Housing Market?

By |2022-04-25T03:00:54-07:00April 25th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would [...]

Why This Housing Market Is Not a Bubble Ready To Pop

By |2022-04-21T03:00:59-07:00April 21st, 2022|Categories: For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate|

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning [...]