According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is…
How to Maintain a Vacation State of Mind at Home Returning home from vacation can be an abrupt change. After you’ve spent a week relaxing and indulging, being thrown back into your fast-paced daily grind can have you longing to return to your time in the sun. However, there are a few tweaks you can make to your daily schedule…
Navigating a Low Inventory Market Buying a home in a low-inventory market is a stressful experience. Many buyers are extending offers on the same limited number of properties, using strategies such as all cash offers or escalation clauses with no cap. If you’re trying to buy a home in a low-inventory market, consider these tips to help you navigate a…
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121 consecutive months of year-over-year increases….
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so does the monthly payment…