Community News

Aug. 13, 2024

Is Affordability Starting To Improve?

 

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at …

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Aug. 12, 2024

Are There More Homes for Sale Where You Live?

 

One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. 

Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same …

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Aug. 8, 2024

Where Will You Go After You Sell?

 

If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. …

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Aug. 7, 2024

Mortgage Rates Down a Full Percent from Recent High

 

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the …

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Aug. 6, 2024

Helpful Negotiation Tactics for Today’s Housing Market

 

If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know …

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July 30, 2024

The Biggest Mistakes Sellers Are Making Right Now

 

The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.

And if you aren’t working with an agent, you may not realize that. Here’s the downside. If …

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July 25, 2024

How the Economy Impacts Mortgage Rates

 

As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what's ahead.

One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from …

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July 24, 2024

A Newly Built Home May Actually Be More Budget-Friendly

 

If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes …

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July 23, 2024

How Affordability and Remote Work Are Changing Where People Live

 

There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it.

Consider Moving to a More Affordable Area

Today’s high mortgage rates combined with continually rising home prices mean …

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July 19, 2024

The Biggest Mistakes Homebuyers Are Making Right Now




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