by Troy Jones | Aug 22, 2023 | Buying Myths, For Buyers, Interest Rates
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s...
by Troy Jones | Aug 21, 2023 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...
by Troy Jones | Aug 17, 2023 | For Buyers, Housing Market Updates, Interest Rates, Pricing
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working...
by Troy Jones | Aug 16, 2023 | Buying Myths, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Selling Myths
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that...
by Troy Jones | Aug 14, 2023 | Buying Myths, First Time Home Buyers, For Buyers
Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy...
by Troy Jones | Aug 11, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some HighlightsLooking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound...
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