Article by: Simplifying the Market™Originally Published: October 8, 2021, 10:00 am Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer […]
The Main Key To Understanding the Rise in Mortgage Rates
Article by: Simplifying the Market™Originally Published: October 5, 2021, 10:00 amEvery Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate […]
Two Reasons Why Waiting a Year To Buy Could Cost You
Article by: Simplifying the Market™Originally Published: September 23, 2021, 10:00 amIf you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you […]
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: September 17, 2021, 10:00 am Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers […]
Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: September 10, 2021, 10:00 am Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly understand […]
Reasons You Should Consider Selling This Fall
Article by: Simplifying the Market™Originally Published: September 7, 2021, 10:00 amIf you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put […]
5 Reasons Today’s Housing Market Is Anything but Normal
Article by: Simplifying the Market™Originally Published: September 2, 2021, 10:00 amThere are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand […]
If Housing Affordability Is About the Money, Don’t Forget This.
Article by: Simplifying the Market™Originally Published: August 26, 2021, 10:00 amThere are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but […]
What Do Experts Say About Today’s Mortgage Rates?
Article by: Simplifying the Market™Originally Published: August 23, 2021, 10:00 amMortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s […]
Are Houses Less Affordable Than They Were in Past Decades?
Article by: Simplifying the Market™Originally Published: August 11, 2021, 10:00 amThere are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today […]
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