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 […]
What You Need To Know About Home Price News
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, […]
The Worst Home Price Declines Are Behind Us
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 […]
Homeowners Have Incredible Equity To Leverage Right Now
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 […]
The Worst of the Home Price Declines Is Behind Us
The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC] 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 […]
The Best Time ToSell Your House Is When Others Aren’t Selling
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, […]
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income (DTI) Ratio
Great news! Click FHFA Press Release to read the announcement.
The Impact of Inflation on Mortgage Rates
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 […]
Why Today’s Housing Market Is Not About To Crash
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 affordabilitychallenges 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 […]
It May Be Time To Consider a Newly Built Home
It May Be Time To Consider a Newly Built Home If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home […]