Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

“Let’s break down why more people are using adjustable-rate mortgages and why this isn’t cause for concern.”  f you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of...
Why Median Home Sales Price Is Confusing Right Now

Why Median Home Sales Price Is Confusing Right Now

“The median sale price measures the ‘middle’ price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.”     The National Association of Realtors (NAR) is set to release its most recent Existing Home...
People Want Less Expensive Homes – And Builders Are Responding

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.” In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that...
Don’t Expect a Flood of Foreclosures

Don’t Expect a Flood of Foreclosures

“Experts say a flood of foreclosures isn’t coming.”   The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a...
Where Are People Moving Today and Why?

Where Are People Moving Today and Why?

“Plenty of people are still moving today. Find out where they’re going.”     Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges...
There’s Only Half the Inventory of a Normal Housing Market Today

There’s Only Half the Inventory of a Normal Housing Market Today

“Does it make sense to sell your house right now? YES!”   Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.You may have heard inventory is low right...

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