by admin | Oct 16, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel...
by admin | Oct 5, 2023 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
The increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate,...
by admin | Oct 3, 2023 | For Sellers, Housing Market Updates, Pricing, Selling Myths
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of...
by admin | Sep 29, 2023 | Housing Market Updates, Infographics, New Construction
Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real...
by admin | Sep 27, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008.One important reason is...
by admin | Sep 26, 2023 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to...