Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup: “When asked why they purchased their [...]
In the fourth quarter of last year, housing experts predicted a potential crash in home prices for 2023. The media amplified these forecasts with pessimistic headlines, causing widespread doubts about the residential real estate market's strength. [...]
Considering higher mortgage rates, increasing home prices, and affordability issues may raise doubts about buying a home now. However, it's crucial to also weigh the long-term advantages of homeownership. People who purchased homes 5, 10, [...]
The housing market today is distinct from the 2008 crash, even if you recall that event, and there is good news for those concerned about a repeat of that scenario. A critical factor setting today's [...]
Buying and owning a home can be life-changing, and it's important to consider not only the financial advantages but also the non-financial benefits that make a home more than just a residence. Here are some [...]
If you're contemplating selling your home, the current high mortgage rates might give you pause. Some homeowners are hesitant to sell and face the possibility of higher rates on their next home purchase. However, it's important [...]
An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this [...]
Baby Boomers contemplating selling their long-term homes face several important decisions. They must decide whether to move locally or to another state, whether to downsize or seek more space, and most significantly, whether to purchase a new [...]
For prospective homebuyers, it's important to factor in expert projections for future home prices. Despite recent negative reports, home prices have been performing better than anticipated and are on the rise nationwide. Data indicates that [...]
For prospective homebuyers in the current market, it's essential to closely monitor mortgage rates. Mortgage rates play a significant role in determining home affordability, and affordability is currently a challenge. It's worthwhile to take a [...]
Inflation and the housing market are interconnected, with changes in one affecting the other. Inflation can impact the housing market through interest rates, purchasing power, construction costs, rental prices, and investor behavior. These connections highlight the complex [...]
If you've been hesitating to sell your house due to concerns about mortgage rates, rest assured that there are still plenty of active buyers in the market. Recent data confirms that people are buying homes even [...]
