Market Updates

Aug. 26, 2024

What Mortgage Rate Are You Waiting For?

What Mortgage Rate Are You Waiting For?




You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit …

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Aug. 22, 2024

Today’s Biggest Housing Market Myths

Today’s Biggest Housing Market Myths




Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go …

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Aug. 5, 2024

Real Estate Equity

Real Estate Equity

Aug. 5, 2024

What Every Homeowner Should Know About Their Equity

What Every Homeowner Should Know About Their Equity




Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity …

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Aug. 2, 2024

3 Reasons Why We're Not Headed for a Housing Crash

Real Estate Market

Aug. 1, 2024

Multi-Generational Living Helps You Buy a Home

Buying a Home

Caught between caring for your kids and aging parents? Here’s some good news. In a recent survey, 1 in 3 people in this same situation find it actually makes it easier to afford a home. That’s because a multi-generational home has big financial perks like sharing expenses and built-in childcare …

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July 30, 2024

The Biggest Mistakes Sellers Are Making Right Now




The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.

And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you …

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July 28, 2024

2024 Home Prices Moderating

Home Prices Moderating 2024

2024 Home Prices Moderating - During the pandemic, home prices soared due to high demand coupled with low inventory and mortgage rates. But that rapid appreciation couldn’t last forever. Now, data confirms prices are still rising, just more moderately. This healthier pace is actually a good thing. It means home price …

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July 25, 2024

How the Economy Impacts Mortgage Rates




As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what's ahead.

One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While …

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July 25, 2024

Inflation Trending Down

Inflation Trending Down

Inflation is cooling – and that’s a good sign for mortgage rates. As the rate of inflation gets closer to the Fed's target of 2%, they may lower the Federal Funds Rate. When they do, mortgage rates are likely to respond. But this isn't the only factor at …

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