The Impact of Changing Mortgage Rates [INFOGRAPHIC]
![The Impact of Changing Mortgage Rates [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2023/05/The-Impact-of-Changing-Mortgage-Rates-KCM-Share-492x269.png)
Some Highlights If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision is to rely on the.. read more →
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Powerful Job Market Fuels Homebuyer Demand
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a.. read more →
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What You Need To Know About Home Price News
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices… read more →
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The Worst Home Price Declines Are Behind Us
If you’re 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. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very.. read more →
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Homeowners Have Incredible Equity To Leverage Right Now
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your.. read more →
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The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]
![The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2023/05/The-Worst-of-Home-Price-Declines-Are-Behind-Us-KCM-Share-1-492x269.png)
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices,.. read more →
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The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC]
![The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2023/05/The-Worst-of-Home-Price-Declines-Are-Behind-Us-KCM-Share-492x269.png)
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices,.. read more →
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The Best Time To Sell Your House Is When Others Aren’t Selling
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April.. read more →
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The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard.. read more →
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Why Today’s Housing Market Is Not About To Crash
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very.. read more →
