Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, youre not alone. According to a
[...]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 given month, as it compares to more normal
[...]Selling your houseis no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If youre currently considering selling your house on your own, heres what you should
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If youre thinking aboutselling your houseright now, chances are its because something in your life has changed. And, while things likemortgage ratesare a key part of your decision on what youll buy next, its important to not lose sight of the reason you want to make a change in the first place.
Its truemortgage rateshave climbed from the record lows we saw in recent years, and that has an impact [...]
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime if
[...]During the fourthquarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:
Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at theWharton School of Business:
[...]I expect housing prices fall 10% to 15%, and the housing prices are accelerating on the
The process ofbuying a homecan feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number ofhomes for sale, and thats creating bidding wars and drivinghome pricesback up as buyers compete over the available homes.
Navigating all of this can be
[...]The spring housing market has been surprisingly active this year. Even withaffordabilitychallenges and a limited number ofhomesfor sale, buyer demand is strong, and getting stronger.
One way we know there are interested buyers right now is because showing traffic is up.Datafrom the latestShowingTime Showing Index, which is a measure of buyers actively touring homes, makes it clear more people are out looking at homes than there were prior to the pandemic
[...]Even thoughhome priceshave moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. [...]
If youre planning tobuy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. Its also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home youd like to buy. In most cases, an appraisal is ordered
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