Are More Homeowners Selling as Mortgage Rates Come Down?

by admin | Jan 24, 2024 | Buying Myths, For Buyers, Housing Market Updates, Move-Up Buyers

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.The Mortgage Rate Lock-In...

Experts Project Home Prices Will Increase in 2024

by admin | Jan 23, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every...

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

by admin | Jan 19, 2024 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some HighlightsBuying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process.If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate...

3 Key Factors Affecting Home Affordability

by admin | Jan 18, 2024 | Buying Myths, For Buyers, Move-Up Buyers, Pricing

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more...

Homeownership Is Still at the Heart of the American Dream

by admin | Jan 15, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist...

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

by admin | Jan 12, 2024 | Buying Myths, For Buyers, Housing Market Updates, Infographics, Pricing, Rent vs. Buy

Some HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in...