Uncategorized Why Buyers and Sellers Face Very Different Conditions Today There’s a new divide in housing right now. In some states, buyers are gaining ground. In others, sellers still have the upper hand. It all depends on where you live. Curious what’s happening in your state? These three maps illustrate how the split is unfolding across the country. In each one: Darker Shades of Blue […]
Uncategorized 3 Reasons Affordability Is Showing Signs of Improvement This Fall For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates, too. And several people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting for a better […]
Uncategorized Do You Know How Much Your House Is Really Worth? Want to know something important? You probably don’t have a professional check for yourself nearly as often as you should. Spoiler alert: it’s the value of your home. Because here’s the reality. Your house is likely the most significant financial asset you have. And if you’ve lived in it for a few years or more, […]
Uncategorized Why Now May Be a Key 2025 Moment To Sell Your House Mortgage rates are finally heading in the right direction – and buyers are starting to jump back in. According to the data, buyer demand picked up considerably once mortgage rates hit a new low for 2025. The Mortgage Bankers Association (MBA) reports that applications for home loans were up 23% compared to the first week […]
Uncategorized Only 2% of Home Sales Are Foreclosures or Short Sales
Uncategorized Patience Won’t Sell Your House. Pricing Will. Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why. Let’s be real. Homes are taking a week longer to sell than they did a year ago. According to Realtor.com: “Homes are also taking longer to sell. The typical home […]
Uncategorized Mortgage Rates Just Saw Their Biggest Drop in a Year You’ve been waiting for what feels like forever for mortgage rates to budge, finally. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the most significant one-day decline in over a year. What Sparked […]
Uncategorized The Number of Homes for Sale Is the Highest It’s Been Since 2020
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Uncategorized Why 50% of Homes Are Selling for Under Asking and How To Avoid It If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it. From Frenzy to “Normal” Right now, about 50% of homes on the market are selling for less than their asking price, according […]
Uncategorized Builder Incentives Reach 5-Year High Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Perhaps it still needs some updating. Or maybe it’s just more of the same. That’s why more buyers are turning to new construction – and finding […]
Uncategorized What Mortgage Delinquencies Tell Us About the Future of Foreclosures You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even […]
Uncategorized Over two-thirds of homeowners have at least 50% equity or own their home free and clear
Uncategorized Thinking About Renting Your House Instead of Selling? Read This First. If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, […]
Uncategorized What Everyone’s Getting Wrong About the Rise in New Home Inventory You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed […]
Uncategorized History Shows the Housing Market Always Recovers Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market has increased by 38% since the start of this year and by 48% since the […]
Uncategorized What’s Really Happening with Home Prices Right Now?
Uncategorized Should You Still Expect a Bidding War? If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in […]
Uncategorized From Frenzy to Breathing Room: Buyers Finally Have Time Again If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it […]
Uncategorized How Changing Rates Impact Your Monthly Payment
Uncategorized More Contracts Are Falling Through. Here’s How To Get Ahead. When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and […]