by Troy Jones | Jan 24, 2024 | Buying Myths, For Buyers, Housing Market Updates, Move-Up Buyers
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.The Mortgage Rate Lock-In...
by Troy Jones | Jan 23, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing
Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every...
by Troy Jones | Jan 17, 2024 | For Sellers, Housing Market Updates, Selling Myths
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7%...
by Troy Jones | Jan 12, 2024 | Buying Myths, For Buyers, Housing Market Updates, Infographics, Pricing, Rent vs. Buy
Some HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in...
by Troy Jones | Jan 3, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and...
by Troy Jones | Dec 20, 2023 | Housing Market Updates, Interest Rates
When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know.The...
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