Why Mortgage Rates Could Continue To Decline When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes ...
Continue ReadingReal Estate Market Trends – May 2023 The May 2023 REALTORS® Confidence Index reveals significant trends in the real estate market. Here’s a summary: Time on Market: The average time on the market has decreased to 18 days, indicating faster property sales. Contingency Waivers: There’s an increase in waiving the ...
Continue ReadingEquity Gains for Today’s Homeowners Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How ...
Continue ReadingWhat Experts Are Saying About the 2023 Housing Market If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the ...
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