“Two dynamics are keeping existing-home inventory historically low – rate locked existing homeowners and the fear of not finding something to buy.” Mark Fleming, Chief Economist at First American. The housing market is facing some challenges, but there’s no need to be discouraged. The biggest issue right now is the low inventory of homes for […]
The Two Big Issues the Housing Market’s Facing Right Now Read More »
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house has been sitting on the
Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance Read More »
After 13 months of double-digit increases, year-over-year rent growth slowed to a single digit pace in the late summer of 2022. Nevertheless, the cooling off does not mean the rental market will return to what was typical before the pandemic within the short term, especially when taking the high inflation rate and the strong labor market
Rent Growth is Expected to Continue. . .How Does That Impact You? Read More »
Mental toughness is an essential characteristic to have in any situation, but it becomes particularly important during uncertain times. When things are uncertain, it can be easy to feel anxious, stressed, and overwhelmed. However, by doing your deep inner work and developing mental toughness, you can become mentally, physically, and emotionally strong enough
You may be watching your cash flow during the economy slowdown. Use these smart tips to protect your nest egg. News about economic turbulence may be making you feel jittery about your finances. After all, 37% of business owners last November said they were struggling to pay rent for their offices, according to a poll by Alignable, an
10 Ways To Save When Money Is Tight Read More »
As we bid farewell to the year 2022, we reflect on a challenging period marked by a decline in sales. Additionally, we also saw a dip in price by 2.8%. Despite the recent drop in mortgage rates, which have come down in the past few weeks from their recent high reached in early November, the
Market Insights in the Rearview Mirror Read More »
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening and
The Truth About Negative Home Equity Headlines Read More »
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023?
Take Advantage of the Stabilizing Market … Read More »
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current
Avoid the Rental Trap in 2023 Read More »
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy your home. Build Your Credit Your credit is one
Financial Fundamentals for First-Time Homebuyers Read More »
