Foreclosure Numbers Today Aren’t Like 2008
Today, foreclosures are far below the record-high number that was reported when the housing market crashed.
Explaining Today’s Mortgage Rates
Factors such as inflation, other economic drivers, and the policy and decisions from the Federal Reserve are all influencing mortgage rates today.
Homebuyers Are Getting Used to the New Normal
One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.
Home Prices Are Rebounding
Experts believe one of the reasons prices didn’t crash like some expected is because there aren’t enough available homes for the number of people who want to buy them.
Momentum Is Building for New Home Construction
If you’re looking to move right now, reach out to a local real estate professional to explore the homes that were recently completed.
Reasons Your Home May Not Be Selling
If you’re thinking of selling, lean on your real estate agent for expert advice based on your unique situation and feedback you get from buyers throughout the process.
Today’s Housing Inventory Is a Sweet Spot for Sellers
Buyers have fewer choices now than they did in more normal years, and that’s continuing to impact statistics in the housing market.
Evaluating Your Wants and Needs as a Homebuyer Matters More Today
So, if you’re looking to buy a home, take some time to consider what’s truly essential for you in your next house.
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.
New home construction is up and is becoming an increasingly significant part of the housing inventory.
Why Homeownership Wins in the Long Run
It’s important to think about the long-term benefits of homeownership when deciding whether or not to buy a home.