by admin | Oct 21, 2024 | Affordability, For Buyers, For Sellers, Home Prices, Mortgage Rates
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices.Whether you’re thinking...
by admin | Oct 16, 2024 | Affordability, Equity, For Buyers, Home Prices, Mortgage Rates
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the...
by admin | Oct 4, 2024 | Affordability, Home Prices, Infographics, Mortgage Rates
Some HighlightsAffordability is based on three key factors: mortgage rates, home prices, and wages.And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, connect...
by admin | Oct 3, 2024 | For Buyers, For Sellers, Home Prices
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t...
by admin | Sep 30, 2024 | Affordability, For Buyers, Home Prices, Inventory, Mortgage Rates
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has...
by admin | Sep 25, 2024 | Buying Tips, Equity, First-Time Buyers, For Buyers, Home Prices
Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision.As soon as you buy,...
