Real Estate Market Insights

Have you ever wondered what makes a property truly shine in the market? It’s like a mysterious recipe with various ingredients blending to create that perfect flavor of value. Let’s decode this together, in a way that even Emily Litella would nod in agreement. 1. Location: The Star Ingredient Yes, we’ve heard it a million […]

If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options. But you may also be wondering, once you sell, how does the current supply impact your own move? And, will you be able

Why do so many people find themselves in financial turmoil? The same reason our states and our country are grappling with financial crises. It all boils down to a lack of understanding when it comes to the fundamentals of money. Money, in its essence, remains an enigma to many. Have you ever wondered why a

For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the military, it’s essential to learn about this program and its advantages. Here are some important things to know about VA loans before you buy a home. The Many

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year,

For many homeowners, a mortgage is the largest financial commitment they will ever make. While owning a home is a significant achievement, the prospect of paying off a mortgage over several decades can feel daunting. However, with careful planning and strategic financial decisions, it is possible to take control of your mortgage and even pay

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the

The Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation, showed home prices nationwide rose 0.4% from February to March after seasonal adjustment. This follows the 0.3% monthly gain seen in February. Home prices were also 0.7% higher when compared to March 2022, though this annual reading is a decline from the

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years

I’ve never known anyone who can regularly predict when the real estate market will peak, but that doesn’t mean we shouldn’t try to gauge where we are in the real estate cycle. Real estate regularly goes through multi-year cycles of boom and bust periods. These cycles can be broken into four periods: recovery, expansion, hyper-supply,