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A Recession Doesn’t Mean a Housing Crisis
A Recession Doesn’t Mean a Housing Crisis
Some HighlightsThere’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us.While you may remember the price crash in 2008, that’s not the norm. Looking back all the way to 1980, home pric
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Why You Don't Want To Skip Your Home Inspection
Why You Don't Want To Skip Your Home Inspection
When you finally find the home you want to buy, it’s easy to get caught up in the excitement. You’ve toured the place, imagined your furniture in it, maybe even pictured your morning coffee on the porch. The last thing you want is to slow down the process with more steps or lose out to another buyer
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Does Your Current Home Fit Your Retirement Plans?
Does Your Current Home Fit Your Retirement Plans?
Retirement isn’t just a milestone. It's the beginning of something really special. After years of hard work, it’s finally time to slow down, explore new passions, and live life on your own terms.But with this exciting chapter comes some big choices. And one of the biggest is this: does your current
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The Truth About Newly Built Homes and Today’s Market
The Truth About Newly Built Homes and Today’s Market
Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same mistakes.But b
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House Hunting Just Got Easier – Here’s Why
House Hunting Just Got Easier – Here’s Why
If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains:“Now is the best time to buy in the last two years. M
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Things To Avoid After You Apply for a Mortgage
Things To Avoid After You Apply for a Mortgage
Some HighlightsOnce a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may surpri
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The #1 Thing Sellers Need To Know About Their Asking Price
The #1 Thing Sellers Need To Know About Their Asking Price
When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they
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Townhomes: A Smart Solution for Today’s First-Time Buyers
Townhomes: A Smart Solution for Today’s First-Time Buyers
Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. And some buyers are making one simple trade-off that’s getting them in the door faster: square footage.According to the National Association of Home Builders
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Here’s What a Recession Could Mean for the Housing Market
Here’s What a Recession Could Mean for the Housing Market
Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a recession.Let’s take a look at some historical data to show what’s happened in housing for each recession going all the w
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Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again
Paused Your Moving Plans? Here’s Why It Might Be Time To Hit Play Again
Last year, 70% of buyers abandoned their home search – and maybe you were one of them. It makes sense. Inventory was low, prices were high, and mortgage rates were up and down like a rollercoaster. All of that made it really hard to find a home you loved – and could afford.But guess what? The market
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National Housing Trends To Watch
National Housing Trends To Watch
Some HighlightsAt a national level, the housing market has shifted over the past year.There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell.Do you want to know how your area compares? Connect with a real estate agent to go over what's happening local
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Buyers Have More Negotiation Power – Here’s How To Use It
Buyers Have More Negotiation Power – Here’s How To Use It
You may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it means that overall, things are starting to lean in a more balanced direction. As that happens, some sellers are a bit more open to compromise. Here’s what that means for you.You may be rega
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Why Pre-Approval Is More Important Than Ever This Spring
Why Pre-Approval Is More Important Than Ever This Spring
Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. If you want to put yourself in the best position to buy, there’s one step you can’t afford to skip, and that’s getting pre-approved for a mortgage.Some buyers thi
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The Best Week To List Your House Is Almost Here – Are You Ready?
The Best Week To List Your House Is Almost Here – Are You Ready?
If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast.A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–
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4 Things To Expect from the Spring Housing Market
4 Things To Expect from the Spring Housing Market
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.1. There Are More Homes for SaleAfter a long stretch of tight inven
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Your Roadmap to Homeownership
Your Roadmap to Homeownership
Some HighlightsBuying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference. From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement. Your
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How Buying or Selling a Home Helps Your Local Economy
How Buying or Selling a Home Helps Your Local Economy
Whether you’re buying or selling a house, here’s something to think about that most people don’t. Your decision doesn’t just impact your life and your family’s, it sparks a ripple effect that has a positive impact on your entire community.Every year, the National Association of Realtors (NAR) puts o
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What You Need To Know About Homeowner’s Insurance
What You Need To Know About Homeowner’s Insurance
Homeowner’s insurance is a must-have to protect what’s probably your biggest investment – your home. And while you never want to think about worst-case scenarios, the right coverage is basically your safety net if something goes wrong. Here’s how it helps you.Covers Repairs and Rebuilding Costs: If
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Is It Time To Put Your House Back on the Market?
Is It Time To Put Your House Back on the Market?
If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see gr
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Rising Inventory Means This Spring Could Be Your Moment
Rising Inventory Means This Spring Could Be Your Moment
Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down.1. You Have More Homes To Choose FromThe number o
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What You Need To Know About Pre-Approval
What You Need To Know About Pre-Approval
Some HighlightsBefore you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and
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Is the Housing Market Starting To Balance Out?
Is the Housing Market Starting To Balance Out?
For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in many areas.So, is the market fi
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Buying Your First Home? It’s Okay To Feel Nervous
Buying Your First Home? It’s Okay To Feel Nervous
Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if I lose my job?He
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Mortgage Rates Hit Lowest Point So Far This Year
Mortgage Rates Hit Lowest Point So Far This Year
If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in.Mortgage rates have been declining for seven straight weeks now, a
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Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices
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Do You Know What Your House Is Really Worth?
Do You Know What Your House Is Really Worth?
Some HighlightsOver the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. Nationally, prices are up nearly 60% since 2019. And, if selling has been on your mind, you can use that bigger-than-expected return to power
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Is It a Good Time to Buy a Home?
Is It a Good Time to Buy a Home?
Are you wondering what’s going on with home prices? Mortgage rates? Or asking yourself if it’s even a good time to buy a home? It’s a big decision — and you don’t have to do it alone. That’s where your trusted local REMAX® agent comes in.
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