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The level of equity homeowners have is at an all-time high.
One of the biggest questions in real estate today is, “When will sellers return to the housing market?”
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks.
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses.
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Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates.
Over the past year, the pandemic made it challenging for some homeowners to make their mortgage payments.
It’s clear that consumers are concerned about how quickly home values are rising.
There’s no doubt that 2021 is the year of the seller when it comes to the housing market.
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Many people are sitting on the fence trying to decide if now’s the time to buy a home.
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market.
The housing market keeps sailing along.
Homeownership is a foundational part of the American Dream.
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At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year.
The question many homebuyers are facing this year is, “Why is it so hard to find a house?”
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before.
Homeowners ready to make a move are definitely in a great position to sell today.
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Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June).
This year, mortgage rates have started to slowly climb above recent record-breaking lows.
The financial benefits of buying a home as compared to renting one are always up for debate.
One of the biggest hurdles homebuyers face is saving for a down payment.
