Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
Friday, August 18th, 2023
People Want Less Expensive Homes – And Builders Are Responding
Thursday, August 17th, 2023
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.
Don’t Expect a Flood of Foreclosures
Wednesday, August 16th, 2023
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year, experts say a flood of foreclosures isn’t coming.
Equity Is a Game Changer for Homeowners Looking To Sell
Tuesday, August 15th, 2023
If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable making your move.
Where Are People Moving Today and Why?
Monday, August 14th, 2023
Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re prioritizing most right now. That information could help you plan your own move.
Home Prices Are Back on the Rise [INFOGRAPHIC]
Friday, August 11th, 2023
About 11,000 Houses Will Sell Today
Thursday, August 10th, 2023
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.
The Value of an Agent When Buying Your New Construction Home
Wednesday, August 9th, 2023
Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can make all the difference.
There's Only Half the Inventory of a Normal Housing Market Today
Tuesday, August 8th, 2023
Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.
Four Ways You Can Use Your Home Equity
Monday, August 7th, 2023
If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think.
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