The Truth About Newly Built Homes and Today’s Market
Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same mistakes. But before you.. read more →
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House Hunting Just Got Easier – Here’s Why
If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains: “Now is the best time to buy in the last.. read more →
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Things To Avoid After You Apply for a Mortgage
Some Highlights Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application. Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may surprise you, don’t.. read more →
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The #1 Thing Sellers Need To Know About Their Asking Price
When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but.. read more →
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Townhomes: A Smart Solution for Today’s First-Time Buyers
Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. And some buyers are making one simple trade-off that’s getting them in the door faster: square footage. According to the National Association of Home Builders (NAHB), 35% of buyers are willing to.. read more →
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Here’s What a Recession Could Mean for the Housing Market
Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a recession. Let’s take a look at some historical data to show what’s happened in housing for each recession going all.. read more →
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Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again
Last year, 70% of buyers abandoned their home search – and maybe you were one of them. It makes sense. Inventory was low, prices were high, and mortgage rates were up and down like a rollercoaster. All of that made it really hard to find a home you loved – and could afford. But guess.. read more →
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National Housing Trends To Watch
Some Highlights At a national level, the housing market has shifted over the past year. There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell. Do you want to know how your area compares? Connect with a real estate agent to go over what’s happening locally.. read more →
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Buyers Have More Negotiation Power – Here’s How To Use It
You may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it means that overall, things are starting to lean in a more balanced direction. As that happens, some sellers are a bit more open to compromise. Here’s what that means for you. You may be.. read more →
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Why Pre-Approval Is More Important Than Ever This Spring
Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. If you want to put yourself in the best position to buy, there’s one step you can’t afford to skip, and that’s getting pre-approved for a mortgage. Some buyers think.. read more →
