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Working with a Real Estate Professional With today’s real estate market moving as fast as it is, working with a licensed real estate agent is more essential than ever. A real estate professional has the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may [...]
Home Price Appreciation Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy [...]
Should You Think About Buying A Condo? If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, a condo (aka condominium) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add [...]
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was [...]
For Sale By Owner Home Buyers In the current housing market, it can be difficult to nab that dream property. Homes are selling as soon as they list, and buyers have to move very quickly to get an offer submitted in time for consideration. In this market, some sellers are deciding to list their homes [...]
Spring Housing Market As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over [...]
Homeowners Building Equity If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – [...]
Real Estate Golden Opportunity If you’re thinking of selling your house this year, timing is crucial, and right now is a golden opportunity. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, [...]
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, [...]
When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors [...]
