Once you’re in the market to buy or sell a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone […]
Mortgage rates generally hold steady this week
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that the 30-year fixed rate mortgage (FRM) averaged 2.87 percent. “The tug-of-war between the economic recovery and rising COVID-19 cases has left mortgage rates moving sideways over […]
Surprising shift favors sellers: Buyers now prefer existing homes
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an […]
3 charts that show this isn’t a housing bubble
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. […]
4 key trends that define today’s real estate market
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. […]
INFOGRAPHIC: Experts agree, options are improving for buyers
Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. Although the supply increases […]
INFOGRAPHIC: Your home equity can take you places
The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, […]
A look at home price appreciation through 2025
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And […]
What do experts see on the horizon for the 2nd half of 2021?
As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in […]
82 percent of homes selling at or above asking price
When you sell your home, you want it to sell for at least what you’re asking — preferably more. And if that’s the goal, now is a great time to sell. A recent survey from Homes.com found that a whopping […]
