by Troy Jones | May 15, 2023 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The...
by Troy Jones | May 12, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some HighlightsWhile home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.Last July, prices started to decline, but around February, they began climbing back up.If you put your plans to move on hold...
by Troy Jones | May 11, 2023 | For Sellers, Housing Market Updates, Selling Myths
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.Looking back at every April since 2017, the only year when...
by Troy Jones | May 10, 2023 | Housing Market Updates, Interest Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to...
by Troy Jones | May 9, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.But the...
by Troy Jones | May 8, 2023 | For Buyers, Housing Market Updates, New Construction
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t...
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