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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 [...]

What You Need To Know About Selling in a Sellers’ Market

By |2022-04-28T03:00:37-07:00April 28th, 2022|Categories: For Sellers, Pricing, Real Estate|

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in [...]

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 [...]

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 [...]

Why a Real Estate Professional Is Key When Selling Your House

By |2022-04-12T03:00:51-07:00April 12th, 2022|Categories: For Sellers, FSBO's, Pricing, Real Estate, Selling Myths|

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses [...]

The Future of Home Price Appreciation and What It Means for You

By |2022-04-07T03:00:23-07:00April 7th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at [...]

There Are Several Great Reasons To Consider Buying a Condo Today

By |2022-03-31T03:00:27-07:00March 31st, 2022|Categories: First Time Home Buyers, For Buyers, Pricing, Real Estate|

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are [...]

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

By |2022-03-30T03:00:09-07:00March 30th, 2022|Categories: For Buyers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was [...]