Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further repercussions, homeowners have been pushing off plans to sell because they feel beholden to their existing, lower mortgage rates.
What can we expect in 2023? Will mortgage rates continue to climb? Could home prices come crashing down? While this is one of the more challenging real estate periods to forecast, here is what several industry experts predict will happen to the U.S. housing market in the coming year.
No matter what is going on in the housing market, the process of selling a home can be challenging.
Here are seven common mistakes that many home sellers make. Fortunately, we can help you avert these missteps and set you up for a successful and low-stress selling experience.
While a high offer price gets attention, most sellers consider a variety of factors when evaluating an offer. Consider these tactics to sweeten your proposal and outshine your competition.
Feeling drained by the complex logistics of trying to sell and buy a new home all at once?
Read some of the most frequent concerns we hear from clients along with tips to work through them.
Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country.
What can we expect from U.S. real estate? Here are five factors that illustrate where the housing market is likely heading.
Whether you are a buyer or a seller, it has never been more important to understand the appraisal process and how it can be impacted by a quickly appreciating and highly competitive housing market. It is also crucial to work with a skilled real estate agent who can guide you to a successful closing without overpaying (if you are a buyer) or overcompensating (if you are a seller). Find out how appraisals in today’s unique real estate environment.
An investment in real estate can help you grow your net worth, build wealth over time, and gain a foothold in the housing market to keep pace with rising prices.
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.
After COVID-related shutdowns began in March, what followed was a period of unprecedented demand in the U.S. real estate market, which ended the year with increasing average home prices and shrinking days on market.
You may be wondering whether the good times can continue to roll on. In this article we answer some of your most pressing questions.
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.