Don’t Believe Everything You Read About Home Prices
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has created
Are Higher Mortgage Rates Here To Stay?
Navigating the Current Mortgage Rate Landscape Recently, mortgage rates have been on the rise, attracting significant attention from the media. If you've been keeping an eye on the headlines, you've likely noticed that rates have reached their highest point in over two decades (as depicted in the gr
Why Your House Didn't Sell
If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated. Not to mention, you're also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next. Did You Limit Access to Your House? One of the biggest mistakes yo
Why It’s Still a Seller’s Market Today
Today, we’re nowhere near what’s considered a balanced market. In fact, the current months’ supply is half of what’s typical of a normal market. That means there just aren’t enough homes to go around based on today’s buyer demand. As Lawrence Yun, Chief Economist for NAR, says: “There are simply not
Why You Need a True Expert in Today’s Housing Market
In the ever-changing landscape of the housing market, having a reliable real estate agent by your side is crucial, especially in the fast-paced environment we find ourselves in today. Whether you're a first-time homebuyer or a seasoned seller, the assistance of an expert throughout the unique journe
Essential tips for crafting your best offer on a home
As we bid farewell to the exhilarating 'unicorn' years of housing, the current real estate market still holds its fair share of challenges. The supply of homes for sale remains low, creating an environment where competition for desirable properties is still fierce. If you're planning to buy a home t
Momentum Is Building for New Home Construction
If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built ho
Two Questions To Ask Yourself if You’re Considering Buying a Home
Thinking of buying a home? Get the information you need to make an informed decision. Here are the key points: Where Do I Think Home Prices Are Heading? Experts project slight depreciation this year, but prices are already appreciating in many markets. Future forecasts show continued appreciation in
This Real Estate Market Is the Strongest of Our Lifetime
When analyzing the present data, one standout aspect is the remarkable strength of the housing market. It is evident that this housing market is one of the most robust and stable in our lifetime, if not the strongest. Let's examine two key factors that support this assertion. 1. Current Mortgage Rat