Is the Housing Market Starting To Balance Out?

For years, sellers have had the upper hand in the housing market.

For years, sellers have had the upper hand in the housing market.
There’s no denying affordability is tough right now.
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase…
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.
In real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come in and see it.
You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.
While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were…