Home Prices Rise in the Midwest, FloridaUnexpectedly strong home sales at the start of this year reversed a sharp decline in home prices. Unpredictable mortgage rates are a main factor, cooling off from last fall's 7% and higher rates.Home prices nationally rose 0.16%...
March Mortgage Rates Head SouthWhile volatility within the banking sector rattled some nerves, there was a silver lining for home buyers: lower mortgage interest rates.According to Freddie Mac, rates for 30-year, fixed-rate mortgages fell from 6.73% to 6.6% during the...
Girls Just Wanna Have EquityAs we celebrate Women's History Month, don't forget to celebrate the rise in home ownership achieved by women through the years. Last year, this number surpassed 52%, which outpaced that of single men by around 2%.Over the last 30 years,...
Reasons for Buyer Remorse...and How to Prevent ItEven though the 2022 real estate market was challenging due to low inventory and rising mortgage rates, it didn't stop thousands of moves. While there are plenty of happy new home owners, many felt that they didn't make...
HUD Announces Cheaper FHA Mortgage Insurance PremiumsHere's some good news for your prospective buyers, especially those worried about affordability.Recently, the Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to the annual...
Expect a Calmer Spring Housing MarketWhile there will be competition for move-in ready homes with 2023 prices, you may not see the same crowds that packed open houses in 2021 and 2022.The main reason: mortgage interest rates that are currently hovering at 6-7%....
Busting the Myths: Five Misconceptions About New Homes New construction homes are becoming more popular again. But there are some misconceptions about new homes that prevent many buyers from taking the plunge. Here are five common myths and truths behind new...
House Hunters Leave the SidelinesThe latest consumer price index (CPI) report suggests that the worst of inflation is behind us. This suggests that the Federal Reserve may continue to ease 2023 interest rate increases, causing mortgage rates to decline.Shifts in the...
Student Loan Pause Benefits Homeownership for Young PeopleA new report from the Jain Family Institute found that the recent student loan repayment pause has had a positive impact on young Americans' ability to become homeowners.Specifically, the homeownership rate for...
Create More Sales Opportunities from Every ListingDid you know that you can mine additional sales opportunities from each of your listings?Here are five ways to develop qualified leads after you've put up your FOR SALE sign and posted the listing in the MLS (Multi...
Recent Comments