Category Archives: Real Estate

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power.

Many people are wondering: will home prices fall this year?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.

While you may have seen recent stories about the volume of foreclosures today, context is important.

Some Highlights

• If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide.
• In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves.
• If you’re thinking about selling your house, connect with a real estate professional so you have expert advice that’s customized to your home and local area.

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Are you thinking about selling your house?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

Some Highlights

• Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
• Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell.
• Don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes.