With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down.
Election Years Bring a Temporary Slowdown
In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data ...
Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out.
There are several key reasons why ...
Some Highlights
There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.
Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment.
Don’t let scary myths ...
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices.
Whether you’re thinking of buying or selling, here’s a look at what ...
Some Highlights
You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.
Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time.
So, ...
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on ...
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the ...
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says:
“As ...
If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy ...
Some Highlights
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up.
This may be your opportunity to forget renting ...
