Real Estate News & Trends

Buying a Home Declining Mortgage Rates help with Affordability If you were priced out of the housing market in 2023 due to interest rate increases, you might find an affordable home in 2024. Mortgage rates are expected to decrease by nearly 1% by year’s end- from 6.6% down to as little as 5.75% according to recent housing forecasts. Ask your local REALTOR about the […]
Buying a Home How does current supply impact your own move? If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options. But you may also be wondering, once you sell, how does the current supply impact your own move? And, will you be able […]
Real Estate News & Trends Market Forcast for Q4 of 2022 The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years     Resource:  Keeping Current Matters
Real Estate News & Trends Continued Inventory is Key to Success in our Housing Market The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings […]
Buying a Home Your Window of Opportunity Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a […]
Real Estate News & Trends Unprecedented Real Estate Market challenges for you In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, what we’re in today is far from normal, it is an unprecedented […]
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