Jan 19, 2023 | For Sellers, Housing Market Updates
If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your
changing needs, where you’ll go when you sell, and today’s
mortgage rates in order to time it just right.
Jan 18, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about
home prices may leave you with more questions than answers.
News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the
crash in 2008.
Jan 16, 2023 | For Buyers, For Sellers, Housing Market Updates
It 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, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at
Bankrate,
says:
Jan 12, 2023 | For Sellers, Housing Market Updates, Luxury Market
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a
recent article,
Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.
Jan 11, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
There’s no doubt today’s
housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.
Jan 10, 2023 | For Sellers, Housing Market Updates, Selling Myths
Home equity has been a hot topic in
real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative
equity.
But don’t let those headlines scare you.
