Housing Market Updates Archives - Page 8 of 45

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

November 8, 2021 - General Information

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, [...] Read More

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Monica Foster November 8, 2021

Numbers Don’t Lie – It’s Still a Great Time To Sell

November 5, 2021 - General Information

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than [...] Read More

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Monica Foster November 5, 2021

Why a Wave of Foreclosures Is Not on the Way

November 4, 2021 - General Information

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There [...] Read More

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Monica Foster November 4, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022

November 3, 2021 - General Information

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit [...] Read More

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Monica Foster November 3, 2021

Sellers Have Incredible Leverage in Today’s Market

November 2, 2021 - General Information

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts [...] Read More

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Monica Foster November 2, 2021

Housing Challenge or Housing Opportunity? It Depends.

October 28, 2021 - General Information

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many [...] Read More

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Monica Foster October 28, 2021

Does Your House Have What Buyers Want?

October 28, 2021 - General Information

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. [...] Read More

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Monica Foster

There Are More Homes Available Now than There Were This Spring

October 26, 2021 - General Information

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as [...] Read More

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Monica Foster October 26, 2021

Your Home Equity Is Growing

October 22, 2021 - General Information

Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home [...] Read More

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Monica Foster October 22, 2021

Important Distinction: Homes Are Less Affordable, Not Unaffordable

October 21, 2021 - General Information

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, [...] Read More

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Monica Foster October 21, 2021

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