Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve […]
Don’t Wait for a Lower Mortgage Rate – It Could Cost You Read More »
Some Highlights
Today’s strong sellers’ market is the direct result of high demand and low supply.
Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeown…
What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC] Read More »
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing […]
111,285 Reasons You Should Buy a Home This Year Read More »
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is […]
What Do Supply and Demand Tell Us About Today’s Housing Market? Read More »
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam […]
The Main Key To Understanding the Rise in Mortgage Rates Read More »
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. […]
As Home Equity Rises, So Does Your Wealth Read More »
Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage […]
Early October is the Sweet Spot for Buyers Read More »
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate […]
If You’re a Buyer, Is Offering Asking Price Enough? Read More »
Some Highlights
Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe …
It’s Still a Sellers’ Market [INFOGRAPHIC] Read More »
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself […]
Two Reasons Why Waiting a Year To Buy Could Cost You Read More »