News Items in the Category

market conditions

The Long-Term Benefit of Homeownership
October 5, 2022

The Long-Term Benefit of Homeownership

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Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought […]

The Cost of Waiting for Mortgage Rates To Go Down
October 4, 2022

The Cost of Waiting for Mortgage Rates To Go Down

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Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]

Why You Should Consider Condos as Part of Your Home Search
September 28, 2022

Why You Should Consider Condos as Part of Your Home Search

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The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The […]

How an Expert Can Help You Understand Inflation & Mortgage Rates
September 27, 2022

How an Expert Can Help You Understand Inflation & Mortgage Rates

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If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump […]

The True Strength of Homeowners Today
September 26, 2022

The True Strength of Homeowners Today

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The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, […]

What Experts Say Will Happen with Home Prices Next Year
September 22, 2022

What Experts Say Will Happen with Home Prices Next Year

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Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead […]

Top Reasons Homeowners Are Selling Their Houses Right Now
September 21, 2022

Top Reasons Homeowners Are Selling Their Houses Right Now

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Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage […]

Watching the Stock Market? Check the Value of Your Home for Good News.
September 20, 2022

Watching the Stock Market? Check the Value of Your Home for Good News.

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While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth […]