According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than …
Continue reading “With Rents on the Rise – Is Now the Time To Buy?”
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy …
Continue reading “Key Questions To Ask Yourself Before Buying a Home”
Some Highlights * If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. * The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big …
Continue reading “Waiting To Buy a Home Could Cost You [INFOGRAPHIC]”
Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through …
Continue reading “Home Sellers: There Is an Extra Way To Welcome Home Our Veterans”
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 …
Continue reading “4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures”
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and …
Continue reading “A Look at Housing Supply and What It Means for Sellers”
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and …
Continue reading “A Look at Housing Supply and What It Means for Sellers”
If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and …
Continue reading “3 Hot Topics in the Housing Market Right Now”
Some Highlights * The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use …
Continue reading “Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]”
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage …
Continue reading “Today’s Real Estate Market Explained Through 4 Key Trends”
