Monthly Archives: March 2023
We’re in a Seller’s Market. What Does That Mean?
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house? It starts with the number... Read More
How Homeownership Is Life Changing for Many Women
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership So Important to Women? The... Read More
Stress-Free Home Closing Tips
If you’ve made it to your closing day, you’re well aware of how many speed bumps there are in the home buying process. Although we’re told to expect the unexpected, there are a few things that you can do as a buyer to ensure that your closing is more joyful than stressful. Take the day... Read More
Is Purchasing a Foreclosed Home Right for You?
For most people, homeownership is part of the American dream. However, this desire is sometimes hindered by the inability to gather enough funds for a down payment and closing costs. In addition, the steep escalation in home prices, lack of inventory, and increasing interest rates over the past few years have left some buyers feeling priced out of the market. Luckily, there may be a solution—buying a home in foreclosure for a significantly reduced rate. To determine if this option is right for you, use this guide to understand what a foreclosed home is and how to navigate the purchase process of one. Read More
Two Things Sellers Need To Know This Spring
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated... Read More
Differences Between Condos and Townhomes to Consider
Condos and townhomes — You’ve seen them both, but you might not really know the difference when it comes to buying or renting one. The differences are enough to consider reading this guide before jumping into a transaction. The physical For starters, even though you might be able to find a condo and a townhome... Read More
What Causes Shifts in the Real Estate Market?
Just like interest rates rise and fall, so does the real estate market. These shifts, driven by real estate cycles, are categorized into phases: recovery, expansion, hyper-supply, and recession. Because these cycles are unpredictable, several factors within each stage influence how long they will last. Understanding how and why these shifts happen can help you decide... Read More
Finding the Best First-Time Homebuyer Programs
For those who’ve never owned a home before, buying one can feel like an impossible dream—but it doesn’t have to be. Several first-time homebuyer programs are designed to help broaden the pool of qualified buyers through government-backed loans and mortgages funded by public and private banks. These programs are for people who have not owned... Read More
The Rise and Fall of Interest Rates
Yet again, mortgage interest rates have been shifting gears. If you’re seriously contemplating buying a home, consider these steps to help make your homebuyownership dreams a reality. Calculate the cost of renting versus buying Before renewing your lease, look into whether or not purchasing a home would be a better financial option. With the recent... Read More
- 1
- 2