Category: Buyer
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Homebuyers Are Still More Active Than Usual
Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today. The Showing Time Showing Index is a measure of how much buyers are touring homes. The graph…
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U.S. Home Prices Surge in May
Home prices surge in May with all 20 Major Metro Markets Highlights May 2023: All major metro markets see month-over-month price increases Year-over-year: Slight decline in national home prices, but some cities shine Regional Divide: Midwest outperforms, while Pacific coast cities lag behind Overview S&P Dow Jones Indices has just released the latest results for…
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Today’s Mortgage Rates
After spiking a bit toward the end of last week, mortgage rates are back down. Currently, 30-year mortgage rates are around 9 basis points lower compared to last week’s average. They could trend down further later this week. This will depend on the commentary that comes out of the latest Federal Reserve meeting. Lower mortgage…
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Owning Your Home Helps You Build Wealth
You may have heard some peope say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long term investment that helps your net worth grow over time..…
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Home Prices Are Rebounding
If you are following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, but that’s because we…
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How Remote Work Expands Your Homebuying Horizons
Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you are not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid. This trend…
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Momentum is Building for New Home Construction
If you are in the process of looking for a home today, you know the supply of homes for sale is low because you are feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you are having trouble finding something you like, don’t forget that…
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Today’s Housing Inventory Is a Sweet Spot for Sellers
Housing Market One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s look at the latest information on active listings, or homes for sale…
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The True Cost of Selling Your House on Your Own
Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you are currently considering selling your house on your own, here’s what you should know. When…