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Theres been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Lets look at the latest information on each one and why both are good news if youre thinking about selling your house.More Jobs Are Bei [Read More]
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Lets break down why thats happening and why this isnt cause for c [Read More]
In todays housing market, there are two main affordability challenges impacting buyers:mortgage ratesthat arehigherthan theyve been the past couple ofyears, and rising home prices caused bylow inventory. To overcome those challenges, many people are working with their agents to find less expensive h [Read More]
Buying anew constructionhome can be an exciting experience. From being the very first owner, to customizing your homes features, there are a lot of benefits. But navigating the complexities of buying a home thats under construction can also be a bit overwhelming. This is where a skilled real estate [Read More]
If youre a homeowner, odds are yourequityhas grown significantly over the last few years.Equitybuilds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during theunicorn years, youve likely gained more than you think.According to the latestEquity In [Read More]
Before you decide tosell your house, its important to know what you can expect in the currenthousing market. One positive trend right now is homebuyers are adapting to todays mortgage rates and getting used to them as the new normal.To better understand whats been happening with mortgage rates latel [Read More]
If youre a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead ofsellingit. A short-term rental (STR) is typically offered as an alternative to a hotel, and theyre an investment thats gained popularity in recent years.While a sho [Read More]
One of the biggest challenges in the housing market right now is howfew homesthere are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, lets take a look at the latest information on active listings, or homes for sale in a [Read More]
If youre planning to buy yourfirst home, then youre probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If youre intimidated by how much you need to save for that, it may be because you believe yo [Read More]
TheNational Association of Realtors(NAR) will release its latestExisting Home Sales(EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, itll likely sayhome pricesare down. This may feel a bit c [Read More]

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