Housing Market Updates Archives - Page 17 of 45

What Is the #1 Financial Benefit of Homeownership?

March 16, 2021 - General Information

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented [...] Read More

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Monica Foster March 16, 2021

Will the Housing Market Bloom This Spring?

March 11, 2021 - General Information

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what [...] Read More

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Monica Foster March 11, 2021

6 Simple Graphs Proving This Is Nothing Like Last Time

March 10, 2021 - General Information

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially [...] Read More

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Monica Foster March 10, 2021

How Upset Should You Be about 3% Mortgage Rates?

March 9, 2021 - General Information

Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it [...] Read More

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Monica Foster March 9, 2021

5 Reasons to Sell Your House This Spring

March 8, 2021 - General Information

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling [...] Read More

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Monica Foster March 8, 2021

Is It a Good Time to Sell My House?

March 4, 2021 - General Information

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index [...] Read More

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Monica Foster March 4, 2021

Home Prices: What Happened in 2020? What Will Happen This Year?

March 2, 2021 - General Information

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand [...] Read More

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Monica Foster March 2, 2021

It’s a Sellers’ Market

February 26, 2021 - General Information

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and [...] Read More

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Monica Foster February 26, 2021

Are There Going to Be More Homes to Buy This Year?

February 25, 2021 - General Information

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one [...] Read More

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Monica Foster February 25, 2021

How Much Leverage Do Today’s House Sellers Have?

February 24, 2021 - General Information

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of [...] Read More

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Monica Foster February 24, 2021

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