Real Estate Blog
Get the latest, fresh and relevant content in today’s current housing market
What is Driving Buyers Today and When will Things Slow Down in the Housing Market?
The housing market is slowing after mortgage rates hit historic lows during the pandemic, boosting demand for new homes and bumping up listing prices. This year, mortgage rates have risen by more than two and a half percentage points. Furthermore, the rising costs of...
6 Buyer Negotiating Tips in a time of High Mortgage Rates
Rising mortgage rates and home prices have reduced affordability to its lowest point since 1989 according to the National Association of Realtors (NAR). Home prices have increased significantly but have begun to fall. Prices were up 18 percent year on year in June,...
Why Buying New Construction may be a Better Option for You
Among the many choices that homebuyers must consider is whether to purchase a new construction home or an existing home. Buyers in today's hot housing market are likely to look at every available property on the market. While each home has its own distinct charms,...
A Call to Homebuyers: Buyer Competition Appears to be Easing
While home sellers may enjoy watching potential buyers compete for their properties, the housing market is experiencing a decline in bidding wars, giving those buyers who remain on the fence more choices and negotiating power. The market appears to be slowing from the...
Recently, the Real Estate Market Is Not About Sellers: Studies Show We are Entering a Buyer’s Market.
You've probably noticed that the housing market is changing. Is it, however, a "buyer's market" just yet? With buyer activity picking up as inventory rises and prices and interest rates drop, buyers can finally bid farewell to waiting lists and bidding wars and hello...
The Effects of Fed Rate Hikes on the Economy and Consumers
The Federal Reserve announced a fourth consecutive three-quarter point hike in interest rates, signaling a possible shift in how it will handle monetary policy to reduce inflation. Even as households of all income levels feel past rate increases, it was the Fed's...
Will Mortgage Rates Fall? Here’s What to Expect in Mortgage Rates in the Future
We're nearing the end of 2022 and entering a new year. That makes now the ideal time to forecast real estate factors for 2023. With mortgage rates continuing to rise, home sales – and, in some regions, home prices – slowing, and increased market uncertainty, the...
Housing Slowdown: Does the Most Recent New Home Sales Report indicate that Housing Activity has Peaked?
The U.S Census Bureau and the U.S. The Department of Housing and Urban Development recently released the latest September 2022 residential sales statistics. It has been found that new home sales have exceeded expectations. While monthly supply increased in this...
What Happens to Mortgage Rates During a Recession?
Concerns about the next recession have returned, and for some, this means increased mortgage rates. However, it is still being determined how rates will react this time. Are higher mortgage rates guaranteed if we are in or near a recession? The National Bureau of...
The Real Estate Bubble: Is it Over? Housing Experts Forecast the Future of Home Prices
The Pandemic Housing Boom undoubtedly served as an inflationary force. During the crisis, there was simply an excess of demand from homebuyers. As a result, there were intense bidding wars and double-digit price growth in properties. Landlords were able to raise rents...