The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these two big issues in today’s housing…
Category: For Homeowners
It’s Tax Time!
There are so many things you can do with the money you receive in your tax return. But if you own a home or your goal is to buy one sometime this year, there are a few good options to help you along the way. See below for some options we recommend!
Wondering What’s Going on with Home Prices?
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. But looking at national data, Nataliya Polkovnichenko, Ph.D.,…
Experts Forecast a Turnaround in the Housing Market in 2023
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and…
You, too, can practice self care!
The term “self care” has been used in so many different ways over the past few years, that it has almost lost its meaning. Most people equate the idea to face masks, detox teas, and expensive massages. But, at its core, self care is all about taking time away from the hustle and bustle of…
Preparing Your Home for Sale in January
If you’re thinking of selling this year, don’t wait! There are a ton of things you can do now to help you prepare for selling later. Completing some of these tasks ahead of time can make the entire process go much smoother. Be proactive with your home sale and start checking things off this list!
What To Expect from the Housing Market in 2023
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This…
What Homeowners Want To Know About Selling in Today’s Market
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament that…
Sell Your House Before the Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs,…
Thanksgiving Dinner Guide
Thanksgiving might be known for being the holiday of excess, but this year, our wallets might not appreciate going overboard on buying more food than you really need. Check out this handy dinner guide to help you prep your shopping list so your table is not too full and not too empty, it’s just right!
What Does the Rest of the Year Hold for Home Prices?
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that record-low…
Back-to-School Tips…for Parents AND Students
Ding ding ding! School is in session…almost. With the first day of school only a few weeks away, it’s time to get a jump on prepping both yourself and your children for another year of learning. We’ve got a few tips for parents AND students on how to make this year your best yet!
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