Auto Added by WPeMatico

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 [...]

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 [...]

Things That Could Help You Win a Bidding War on a Home

By |2022-05-03T03:00:34-07:00May 3rd, 2022|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing, Real Estate|

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how [...]

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 [...]

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 [...]

How To Approach Rising Mortgage Rates as a Buyer

By |2022-04-20T03:00:55-07:00April 20th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that [...]

Why Pre-Approval Is an Important Step for Today’s Homebuyers

By |2022-04-19T03:00:05-07:00April 19th, 2022|Categories: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check [...]

What Is Multigenerational Housing? [INFOGRAPHIC]

By |2022-04-15T03:00:19-07:00April 15th, 2022|Categories: Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing [...]

On the Fence of Whether or Not To Move This Spring? Consider This.

By |2022-04-14T03:00:24-07:00April 14th, 2022|Categories: For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn [...]