How Does A Recession Impact Housing Market
February 13, 2023It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, …
3% Mortgage Rates Are Not Returning Anytime Soon
February 11, 2023Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power …
Greater Stability and Predictability in 2023 Housing Market
February 9, 2023If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, …
First Steps Toward Home Ownership
February 8, 2023If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create …
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
December 30, 2022It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous …
3 Ways You Can Use Your Home Equity
December 28, 2022If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights …
Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market
December 26, 2022With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening …
Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays
December 22, 2022Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go …
What Buyers Need To Know About the Inventory of Homes Available for Sale
December 21, 2022If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. If this sounds like you, …
