The Next Generation Is Making Moves in the Housing Market. Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from […]
More Jobs and Better Pay Leads to More Buyer Demand
More Jobs and Better Pay Leads to More Buyer Demand. There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re […]
Don’t Expect a Flood of Foreclosures
Don’t Expect a Flood of Foreclosures. The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone […]
Don’t Fall for the Next Shocking Headlines About Home Prices
Don’t Fall for the Next Shocking Headlines About Home Prices. If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. They’re […]
Explaining Today’s Mortgage Rates
Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen […]
Eco-Friendly, Energy-Efficient Homes Attract Buyers
Eco-Friendly, Energy-Efficient Homes Attract Buyers. Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true in summer. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows 48% of agents or brokers have […]
Two Questions To Ask Yourself if You’re Considering Buying a Home
Two Questions To Ask Yourself if You’re Considering Buying a Home. If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and […]
Saving for a Down Payment? Here’s What To Know.
Saving for a Down Payment? Here’s What You Need To Know. If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated […]
The Main Reason Mortgage Rates Are So High
The Main Reason Mortgage Rates Are So High. Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage […]
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off. Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. […]