by admin | Sep 10, 2024 | Affordability, Buying Tips, For Buyers, Mortgage Rates
Since the supply of homes for sale is growing and mortgage rates are coming down, you may be thinking it’s finally your moment to jump into the market. To make sure you’re ready, you need to get pre-approved for a mortgage. That’s when a lender looks at your finances,...
by admin | Aug 26, 2024 | Affordability, Mortgage Rates
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen...
by admin | Aug 14, 2024 | Affordability, Economy
In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.Historically, the transfer of wealth from one generation to the next was a more gradual process, often limited to smaller amounts of...
by admin | Aug 13, 2024 | Affordability, Economy, For Buyers, Home Prices, Mortgage Rates
Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the...
by admin | Aug 8, 2024 | Affordability, For Buyers, For Sellers, New Construction
If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes....
by admin | Aug 7, 2024 | Affordability, Economy, For Buyers, Mortgage Rates
Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the...
