Real Estate Professional Having Trouble Selling Your House? Here’s What You Need To Know. When selling your home, the ideal scenario looks like this: it sells quickly, at top dollar, and the process runs smoothly from start to finish. However, even in today’s competitive market—where buyers often outnumber homes for sale—there are still factors that can delay a sale or prevent it altogether. According to Zillow, in 2024, nearly […]
Real Estate Professional Sellers Are Turning To Real Estate Agents Selling your home on your own—commonly known as “For Sale by Owner” (FSBO)—might seem appealing at first. However, in today’s complex market, the process can quickly become overwhelming. According to data from the National Association of Realtors (NAR), fewer homeowners than ever are opting for FSBO. Instead, a growing number are turning to real estate […]
Mortgage Mortgage Rates Down From Recent High Mortgage rates have recently become a major talking point in the housing market due to their significant impact on affordability. If you’re planning to buy a home, you’ve likely been anticipating a drop in rates. Based on recent trends, it looks like your patience might finally pay off. Mortgage Rates Have Declined in Recent Weeks […]
Market Health Why Your Asking Price Matters Even More Right Now If you’re considering selling your house, there’s an important detail you need to keep in mind. Despite it still being a seller’s market, you can’t just choose any price for your listing. Although home prices are still rising in most areas, they’re doing so at a slower rate due to higher mortgage rates reducing buyer […]
Market Health Homebuilders Aren’t Overbuilding – They’re Catching Up You might have heard that the number of brand-new homes available right now is higher than usual. Currently, about one in three homes on the market is newly built. If you’re curious about what this means for the housing market and your own move, here’s what you need to know. People remember what happened to […]
Real Estate Professional Top 5 Reasons You Need A Real Estate Agent When Buying A Home Lately, there’s been a lot of buzz about real estate agents and their commissions. It might sound complex if you’re just tuning in, but here’s the crucial point: the value of expert guidance from a dependable real estate agent is invaluable, especially today. Real estate agents do far more than you might think. Your agent […]
Market Health What Are Experts Saying About The Spring Housing Market     If you’re gearing up for a move, staying abreast of real estate market trends is crucial. Keep an eye on inventory levels, as they can affect the availability and pricing of homes. Additionally, monitor price trends to make informed decisions about buying or selling. Keep tabs on mortgage rates as well, as they […]
Market Health Don’t Wait Until Spring To Sell Your House Considering a move in the near future? Here are some compelling reasons why you might not need to wait until spring to sell your home: 1. Lower Mortgage Rates Mortgage rates have been on a downward trend, reaching historic lows in recent months. This decrease in rates has made it more affordable for buyers to […]
Don't Miss Our Next Post
Subscribe Now
Market Health Experts Project Home Prices Will Increase in 2024 It’s understandable that concerns about home prices can arise, especially with varying opinions and uncertainties in the market. If you’re interested, I can provide you with some insights from experts on what they forecast will happen with home prices this year. Keep in mind that these predictions are based on current market conditions and can […]
Mortgage Two Reasons Why Today’s Mortgage Trend Is Good For Sellers The recent decline in mortgage rates brings encouraging news for those contemplating selling their homes and making a move. If you’ve hesitated due to concerns about high mortgage rates, the trend over the past few months may alleviate those worries. Since October, rates have steadily decreased from a peak of 7.79%, and for the past […]
Market Health Why The Economy Won’t Tank The Housing Market   Why The Economy Won’t Tank The Housing Market It’s important to note that economic forecasts and predictions can vary, and they are subject to change based on a variety of factors. The opinions of economists, as reflected in surveys like the one from the Wall Street Journal, provide insights into their current views, but […]
Market Health 2024 Housing Market Forecast   In Conclusion: It seems like the housing market is expected to continue its upward trend in the coming year, with home prices projected to rise by 1.5% in 2024. This could be encouraging for potential sellers, as climbing prices are seen as making homeownership a good investment. Moreover, the forecasted increase in home sales […]
Market Health Forclosures and Bankruptcies Won’t Crash the Housing Market Localized increases in foreclosures and bankruptcies do not necessarily indicate a nationwide housing market crisis. These issues often stem from regional economic factors, supply and demand imbalances, and local policies. It’s vital to consider the broader economic picture and consult local real estate experts for an accurate assessment. National and global factors can also affect […]
Mortgage Are Higher Mortgage Rates Here to Stay? The recent uptick in mortgage rates may give you pause if you’re considering a move. If you’re pondering whether to proceed or delay your plans, here’s the essential insight. The Impact of Elevated Mortgage Rates: It’s undeniable that mortgage rates are currently higher than they’ve been in recent years. When rates climb, it has a […]
Inventory Why Is Housing Inventory So Low? Why Is Housing Inventory So Low?   Why is it tough to find a house to buy today? Waiting for more options might not be wise. Here’s why: Housing shortage isn’t new; it’s a long-term issue. Long-term and short-term factors contribute to limited supply. Long-term issue: Builders haven’t constructed enough homes, leading to low inventory. […]
Affordable Homes Get Ready for Smaller, More Affordable Homes Have you been trying to buy a home but higher mortgage rates and home prices are limiting your options? In some ways, smaller homes are already here. When the pandemic hit, the meaning of home changed. People needed the space their home provided not only as a place to live, but as a place to work, […]