How A Sellers’ Market Could Be Good For Buyers

The housing market is about supply and demand. When there are a lot of buyers and too few homes, prices and competition rise, making it a good time for homeowners who want to sell. When there are more homes than buyers, prices fall and bargains abound. In short, the market will usually favor either buyers […]

Cautious Buyers May Overestimate Down Payment Cost

Affordability is the top concern for potential home buyers entering the summer season. That’s not a surprise. With prices and mortgage rates up, it’s natural that Americans who are hoping to buy might be leery when seeing news of rising housing costs. But, though affordability conditions are challenging in some markets, buyers may have some […]

Top 4 Advantages Of Buying A New Home

If you’re considering the advantages of buying a new home compared to buying a pre-owned house, there are many options to consider.  Considering that buying a house is such a significant investment, here are the top benefits of purchasing a brand new house. The Advantages Of Buying A New Home Considering our modern high-tech lifestyles, […]

Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years

In today’s housing market, where supply is meager and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is difficult for appraisers […]

Why The Market For New Homes Matters To You

If you aren’t in the market for a new home, why should you care about the new homes market? Well, for starters, it plays a significant role in the health of the housing market. And that affects all buyers, not just new home buyers. How? Simply put, construction is the quickest way to add new […]

Why Rising Mortgage Rates DO NOT Lead to Falling Home Prices

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rising mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a […]