Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking...
Recession Doesn’t Mean A Housing Crisis
To show that home prices don’t fall every time there’s a recession, it helps to turn to historical data. As the graph below illustrates, looking at recessions going all the way back to 1980, home prices...
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents...
Top Ways To Overcome Affordability Challenges in Today’s Housing Market
In today's housing market, affordability is a major challenge for many homebuyers. From rising home prices to increasing interest rates, the cost of homeownership is steadily increasing. However, there are...
Why Today’s Foreclosure Numbers Are Nothing Like 2008
Despite the pandemic's impact on the economy, today's foreclosure numbers are not comparable to the 2008 housing crisis. The COVID-19 pandemic and related government initiatives have helped keep foreclosures...
Understanding the Top Factors Affecting Home Affordability Today
Buying a home is a major investment and can feel overwhelming, especially when it comes to affordability. The rising cost of housing, stagnant wages, and other economic factors have made it difficult for many...
Expert Insights: The Latest Update on the Spring Housing Market
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s...
How Pre-Approval Can Give You a Competitive Edge in the Housing Market
If you're in the market to buy a home, you may have heard of the term "pre-approval" thrown around. But what does pre-approval mean, and why is it important? Pre-approval is a process in which a lender...