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 … [Read more...] about Powerful Job Market Fuels Homebuyer Demand
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 … [Read more...] about The Worst Home Price Declines Are Behind Us
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined … [Read more...] about The Three Factors Affecting Home Affordability Today
In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may … [Read more...] about 5 Reasons Millennials Are Buying Homes
Getting pre-approved is an important first step toward buying a home. It lets you know what you can borrow and shows sellers you're serious about purchasing their home. From the seller's perspective a pre-approval letter from a reputable local lender often can make the difference between accepting … [Read more...] about Why Pre-Approval Is So Important
Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer is no, because … [Read more...] about The Big Advantage If You Sell This Spring
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak … [Read more...] about Homebuyer Activity Shows Signs of Warming Up for Spring
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house? It starts with the number of homes … [Read more...] about We’re in a Sellers’ Market. What Does That Mean?