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The One Thing Every Homeowner Needs To Know About a Recession
The One Thing Every Homeowner Needs To Know About a Recession
market conditions
May 19, 2022

The One Thing Every Homeowner Needs To Know About a Recession

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A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]

How Homeownership Can Bring You Joy
How Homeownership Can Bring You Joy
market conditions
May 18, 2022

How Homeownership Can Bring You Joy

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If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. […]

Why Rising Mortgage Rates Push Buyers off the Fence
Why Rising Mortgage Rates Push Buyers off the Fence
market conditions
May 17, 2022

Why Rising Mortgage Rates Push Buyers off the Fence

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If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]

Are There More Homes Coming to the Market?
Are There More Homes Coming to the Market?
market conditions
May 11, 2022

Are There More Homes Coming to the Market?

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According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed […]

Will Home Prices Fall This Year? Here’s What Experts Say.
Will Home Prices Fall This Year? Here’s What Experts Say.
market conditions
May 10, 2022

Will Home Prices Fall This Year? Here’s What Experts Say.

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Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen 121 […]

How Today’s Mortgage Rates Impact Your Home Purchase
How Today’s Mortgage Rates Impact Your Home Purchase
market conditions
May 9, 2022

How Today’s Mortgage Rates Impact Your Home Purchase

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If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, […]

Three Tips for First-Time Homebuyers
Three Tips for First-Time Homebuyers
market conditions
May 5, 2022

Three Tips for First-Time Homebuyers

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Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to […]

Things That Could Help You Win a Bidding War on a Home
Things That Could Help You Win a Bidding War on a Home
market conditions
May 3, 2022

Things That Could Help You Win a Bidding War on a Home

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With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how […]

Today’s Home Price Appreciation Is Great News for Existing Homeowners
Today’s Home Price Appreciation Is Great News for Existing Homeowners
market conditions
May 2, 2022

Today’s Home Price Appreciation Is Great News for Existing Homeowners

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If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally […]

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