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Is Affordability Starting To Improve?

by Troy Jones | Aug 13, 2024 | Affordability, Economy, For Buyers, Home Prices, Mortgage Rates

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the...

Mortgage Rates Down a Full Percent from Recent High

by Troy Jones | Aug 7, 2024 | Affordability, Economy, For Buyers, Mortgage Rates

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the...

How the Economy Impacts Mortgage Rates

by Troy Jones | Jul 25, 2024 | Economy, For Buyers, For Sellers, Mortgage Rates

As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow...

How Do Presidential Elections Impact the Housing Market?

by Troy Jones | Jul 12, 2024 | Economy, Home Prices, Infographics, Mortgage Rates

Some HighlightsAre you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move.​Data shows home sales slow in November but quickly bounce back and rise the following year....

Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

by Troy Jones | Jul 8, 2024 | Economy, Foreclosures, Inventory

Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are...

Focus on Time in the Market, Not Timing the Market

by Troy Jones | Jun 26, 2024 | Economy, For Buyers, Home Prices

Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.If you’re able to buy at today’s rates...
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