More Jobs and Better Pay Leads to More Buyer Demand
September 24, 2023When wages rise, people have more money that they could save or use toward buying a home. This increase in income helps offset some of the affordability challenges in the housing market today.
Gen Z: The Next Generation Is Making Moves in the Housing Market
September 23, 2023According to a recent Lending Tree survey, Gen Z buyers are focusing on more affordable areas to help boost their buying power and offset the challenges that come with today’s mortgage rates.
How Inflation Affects the Housing Market
September 21, 2023Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected.
Today’s Housing Market Has Only Half the Usual Inventory
September 19, 2023There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.
Why It’s Still a Seller’s Market Today
September 17, 2023Today’s seller’s market sets you up with a big advantage when you sell your house. Because supply is so low, your house will be in the spotlight for motivated buyers who are craving more options.
Mortgage Rates: Past, Present, and Possible Future
September 16, 2023To understand where mortgage rates may be going, it’s helpful to look at where they’ve been in the past. There’s a clear connection between inflation and mortgage rates, and if that historical relationship holds true, the recent decline in inflation may mean good news for the future of mortgage rates and your homeownership goals.
Why Median Home Sales Price Is Confusing Right Now
September 14, 2023Just because the median home sales price changes, it doesn’t mean home prices are falling. What it means is the mix of homes being sold is being impacted by affordability and current mortgage rates.
Should Baby Boomers Buy or Rent After Selling Their Houses?
September 13, 2023If you’re a baby boomer who’s wondering whether you should buy or rent your next home, let’s connect. With rents going up and homeownership providing so many benefits, it may make sense to consider buying your next home.
Buyer Traffic Is Still Stronger than the Norm
September 12, 2023Don’t put off your plans because you’re worried no one will buy your home. The opposite is true, and more buyers are more active than the norm.
Expert Home Price Forecasts Revised Up for 2023
September 11, 2023Basically, deceleration of appreciation is not the same thing as home prices depreciating.
