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Buyers What Mortgage Delinquencies Tell Us About the Future of Foreclosures You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even […]
Sellers Thinking About Renting Your House Instead of Selling? Read This First. If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, […]
Buyers What Everyone’s Getting Wrong About the Rise in New Home Inventory You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed […]
Sellers History Shows the Housing Market Always Recovers Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since […]
Buyers Should You Still Expect a Bidding War? If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in […]
Sellers Why Selling Without an Agent Can Cost You More Than You Think Cutting out the agent might seem like a smart way to save when you sell your house. But here’s the hard truth. Last year, homes that sold with an agent went for almost 15% more than those that sold without one. That gap is pretty hard to ignore. And with more homes on the market […]
Buyers A Second Home Might Be the Missing Piece in Your Retirement Plan Are you wondering if you’re on track to retire someday? According to Intuit, 69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire. That’s why many people are exploring new ways to build stability and long-term income. And that’s where […]
Buyers The Truth About Down Payments (It’s Not What You Think) Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in. “I’ll never save enough.” “I need a small fortune just to get started.” “I guess I’ll just rent forever.” Sound familiar? You’re not alone. And you’re definitely not out of luck. Here’s the thing: a […]
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Sellers The 3 Things You Risk by Pricing Too High When selling your house, the price you choose isn’t just a number, it’s a strategy. And in today’s market, that strategy needs to be sharp. The number of homes for sale is climbing. And that means buyers have more choices and can be more selective. If your price doesn’t line up with what else is […]
Buyers What Credit Score Do You Really Need To Buy a Home? According to Fannie Mae, 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum needed. Let that sink in. That means most homebuyers think they need better credit than they actually do – and maybe you’re one of them. And that could make you think buying a home is out of reach […]
Buyers Today’s Tale of Two Housing Markets Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets. What’s a Buyer’s Market vs. a […]
Sellers Don’t Make These Mistakes When Selling Your House Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money. Fortunately, they’re easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups, and how an agent helps you steer clear of them. 1. Overpricing […]
Buyers Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place. But, something pretty encouraging is happening. While affordability is still tight, mortgage rates have shown signs of stabilizing in recent months. And […]
Buyers The Advice First-Time Homebuyers Need To Hear Buying your first home is a big milestone – and the right support is going to make it a whole lot easier. Because while this process might be brand new to you, it’s not new to your agent. They’ve helped plenty of first-time buyers through it. They know what works, what actually matters, and how […]
Buyers The Truth About Where Home Prices Are Heading There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Yes, in some local markets, prices are […]
Buyers Selling and Buying at the Same Time? Here’s What You Need To Know If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first: Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a lot […]
Buyers Why Big Investors Aren’t a Challenge for Today’s Homebuyer Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is – especially right now. Let’s […]
Buyers Multi-Generational Homebuying Hit a Record High – Here’s Why Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordability. NAR explains: “In 2024, a notable 36% of homebuyers […]
Sellers What Every Homeowner Needs To Know In Today’s Shifting Market Here’s something you need to know. The housing market is getting back to a healthier, more normal place. And even though it may not sound like it, this shift is actually a good thing. It’s what you should expect. It’s just that our expectations have been skewed by the intense seller’s market over the past […]
Buyers Think It’s Better To Wait for a Recession Before You Move? Think Again. Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move. A recent survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) shows 68% of people are delaying plans […]
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