“With less competition and prices rising, the winter months are a great time to list your home.”
Some Highlights:
- Existing Home Sales are currently at an annual pace of 5.46 million.
- The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
- Inventory remains low due to high demand from buyers who are still looking for a house to buy!
To view original article, visit Keeping Current Matters.
Why You May Still Want To Sell Your House After All
If you need to sell now because something in your own life has changed, don’t let mortgage rates hold you back from what you want.
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership.
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you’re worried today’s adjustable-rate mortgages are like the ones from the housing crash, rest assured, things are different this time.
Why Median Home Sales Price Is Confusing Right Now
Median home sales prices change because there’s a mix of homes being sold is being impacted by affordability and mortgage rates.
People Want Less Expensive Homes – And Builders Are Responding
Builders producing smaller, less expensive newly built homes give you more affordable options at a time when that’s really needed.
Don’t Expect a Flood of Foreclosures
Before there can be a significant rise in foreclosures, the number of people who can’t pay their mortgage would need to rise. Since buyers are making their payments today, a wave of foreclosures isn’t likely.
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