TAKE AWAY: An agent will do a comparative market analysis (CMA) to make sure your house is compared with truly similar properties to get an accurate look at how it should be priced. There are a number of reasons you may be thinking about selling your house. And as you weigh your options, you may […]
How the Federal Reserve’s Next Move Could Impact the Housing Market
TAKE AWAYS: 1. It Helps Alleviate the Lock-In Effect 2. It Should Boost Buyer Activity Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job […]
What’s the Impact of Presidential Elections on the Housing Market?~
What’s the Impact of Presidential Elections on the Housing Market? Bottom Line While it’s natural to feel a bit uncertain during an election year, history shows the housing market remains strong and resilient. And this means you don’t have to pause your plans in the meantime. For help navigating the market during this election cycle, […]
Economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond.”: Today’s Biggest Housing Market Myths~
Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important. If you partner […]
The Great Wealth Transfer: A New Era of Opportunity~
Take Always … Wondering what the second half of 2024 holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady. If you have questions about what to expect for the rest of […]
“The minimum credit score needed to buy a house can range from 500 to 700: What Credit Score Do You Really Need To Buy a House?~
When you’re thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says: “Good credit […]
The best we may be able to hope for over the next year is 5.5 to 6%.”: Mortgage Rates Down a Full Percent from Recent High~
Mortgage Rates Down a Full Percent from Recent High Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if […]
Skyrocketing home prices during the pandemic left many would-be homebuyers feeling priced-out.: Are Home Prices Going To Come Down?
Are Home Prices Going To Come Down? Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s what […]