Home Prices Aren’t Declining, But Headlines Might Make You Think They Are
If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify.
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Why More People Are Buying Multi-Generational Homes Today
Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives.
How Owning a Home Builds Your Net Worth
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to…
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Today’s Biggest Housing Market Myths
Have you ever heard the phrase: don’t believe everything you hear?
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The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year…
Buyers becoming more frantic trying to compete with investors
From my monthly report from Credit Suisse and their survey of real estate agents nationwide on what they’re seeing in the marketplace, another solid indicator of how quickly the market has turned around. Traffic levels exceeded agents’ expectations in the region during the month of May, and 88% of agents reported that home prices increased…
How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed).
