Three Things Affecting Home Affordability Right Now Recently, there has been significant attention given to the increase in mortgage rates and the resulting challenges faced by those looking to purchase homes. While it is indeed accurate that rates have risen substantially from the historic low they reached during the pandemic, it’s essential to remember that …
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Renters shouldn’t wait for home prices to fall Given the changing housing market, you may be uncertain about its future direction. Home prices have declined somewhat since their peak last June, and you may have seen news or social media stories about a looming price crash. As a consequence, you may be delaying a home …
Selling your property this spring has a big advantage Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. …
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What is preventing home prices from crashing? The housing market has experienced several changes lately. Last year, mortgage rates increased significantly, which affected the capability of many individuals to purchase a home. Additionally, home prices reached their peak last summer after years of rapid appreciation. Consequently, several news outlets projected a crash in the market. …
