Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here's what's actually going on, why it matters for the housing market, and what it means if you're thinking about buying or selling.
If the housing market feels confusing right now, you’re not alone.
Mortgage rates have risen. Home sales haven't picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable.
The truth is: a lot changed over the first half of this year.
You started shopping with a specific mental image of your future home in your mind. Then the houses in your budget came in smaller than you pictured.
That’s the reality for a lot of buyers right now. Affordability is tight.
Let's be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind.
Nearly half of Veterans (49%) feel homeownership is currently out of reach, according to a recent survey from NewDay USA.
But many are closer than they think. And you might be, too.
If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.
The median sale price of a newly built home is now at its lowest level since 2021, according to the latest data from the Census. And on top of that, builders are still rolling out incentives to bring buyers through the door.
You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate.
Here's the thing. He's not wrong. But he only has half the story. And the half he's missing? It changes everything.
It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?”
With everything in the news, that concern makes some sense. No one wants to make a big financial decision at the wrong time. But here’s what’s important to know. You don’t want to get hung up on the few places seeing slight declines right now.
For a lot of would-be first-time buyers, affordability is the thing that’s standing in the way. But some buyers are getting creative and finding a way to still make the numbers work – and that’s through co-buying.
The Dream Is Still Alive. The Math Just Isn’t Working for Everyone.
Looking to buy a home this season? Here's what you should know.
Buyers have more leverage today than they’ve had in years. There are more homes to choose from and, in many areas, sellers are more open to negotiation.
But that doesn’t mean competition is gone completely. These days, it varies a lot depending on where you’re hoping to move.
| Older Posts |