Market Updates

July 13, 2024

How Do Presidential Elections Impact the Housing Market?

Some Highlights

  • Are 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. Prices usually ...
View More
July 10, 2024

The Downsides of Selling Your House Without an Agent

Some Highlights

  • Considering selling your house without an agent? You should know there are some serious downsides to handling it on your own.
  • You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts ...
View More
June 28, 2024

US Home Sales Crumble in May on Higher Rates and Record Prices

June 14 (Reuters) - U.S. home sales in May fell to among the lowest levels in the past decade said in a report, as both demand and supply remained sluggish in a high-mortgage rate environment.

WHY IT'S IMPORTANT

Housing affordability in the U.S. is at an all-time low ...

View More
June 28, 2024

Housing Market Forecast for the 2nd Half of 2024

 

Some Highlights

  • Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say.
  • Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady.
  • If you have questions about what ...
View More
June 27, 2024

5 Homebuyers Mistakes and Fixes!

These are the top 5 mistakes clients make!

1. Working with a Big Box Bank

If your client is looking for a low-down payment loan or down payment assistance, these guys don't have much flexibility. If your client is self-employed, big banks will only look at your clients' documents ...

View More
June 19, 2024

What You Need To Know About Today’s Down Payment Programs

There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But ...

View More
June 1, 2024

The Biggest Mistakes Buyers Are Making Today

 

Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider.

But, there’s one way to avoid getting tripped up – and that’s leaning on a real estate ...

View More
May 2, 2024

What Is Going on with Mortgage Rates?

 

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.

Economic Factors ...

View More
April 23, 2024

Myths About the 2024 Housing Market

Some Highlights

  • When it comes to the current housing market, there are some myths circling around right now.
  • Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale ...
View More
April 18, 2024

Should I Wait for Mortgage Rates To Come Down Before I Move?

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.

In the housing market, there’s a longstanding relationship between mortgage rates ...

View More