March 21, 2024For BuyersFor Sellers If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . […]
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Does It Make Sense To Buy a Home Right Now?
March 20, 2024For BuyersPricingFirst Time Home Buyers Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more […]
4 Tips To Make Your Strongest Offer on a Home
March 18, 2024 Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. […]
Why Today’s Seller’s Market Is Good for Your Bottom Line
March 14, 2024For SellersSelling Myths Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy. So, what does that […]
Expert Home Price Forecasts for 2024 Revised Up
February 22, 2024PricingHousing Market Updates Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change. 2024 Home Price Forecasts: Then and […]
What Mortgage Rate Do You Need To Move?
March 12, 2024For BuyersInterest RatesBuying Myths If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make sense for their budget anymore. That may be the case for you too. […]
Finding Your Perfect Home in a Fixer Upper
March 11, 2024For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great […]
Why There Won’t Be a Recession That Tanks the Housing Market
March 5, 2024ForeclosuresHousing Market Updates There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going to happen. According to Jacob […]
House-Hacking your way to multi-unit rentals
3/6/2024 House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, but you can also increase the leverage on the first owner-occupied acquisitions. Leverage […]
The Truth About Down Payments
February 26, 2024For BuyersFirst Time Home BuyersBuying Myths If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. […]