“Here’s why using the median home price as a gauge of what’s happening with home values isn’t ideal right now.” The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home...
“Contrary to today’s headlines, home prices aren’t in a freefall.” If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s...
“Housing wealth (home equity or net worth) gains are built up through price appreciation and by paying off the mortgage.” Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is...
“When housing inventory is as low as it is right now, it may be time to consider a newly built home.” If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is...
“Rental affordability is still a challenge and has been for years.” Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because,...
“Let’s look at the latest information with context so we can see how this compares to previous years.” You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions,...
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