August 2024 Monthly Housing Market Trends Report The number of homes actively for sale continues to be elevated compared with last year, growing by 35.8%, a 10th straight month of growth, and now sits at the highest since May 2020. The total number of unsold homes, including homes that are ...
Continue ReadingWhy Buying Now May Be Worth It in the Long Run Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want ...
Continue ReadingFalling Mortgage Rates Are Bringing Buyers Back If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming ...
Continue ReadingMortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help ...
Continue ReadingHow the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While ...
Continue ReadingNationally – Homeowners Gained $28K in Equity over the Past Year If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you’re building equity much faster than you might think. Here’s how it works. Equity is ...
Continue ReadingMore Than a House: The Emotional Benefits of Homeownership Let’s talk about the emotional benefits of homeownership. Because buying a home is so much more than just a financial transaction. It’s easy to focus on the dollars and cents, but I don’t want to forget to remind you about the ...
Continue ReadingIs a Multi-Generational Home Right for You? Ever thought about living in the same house with your grandparents, parents, or other loved ones? You’re not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let’s check out why they think it’s a good idea to ...
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