Article by: Simplifying the Market™Originally Published: May 25, 2021, 10:00 amAs we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and […]
Should I Move or Refinance?
Article by: Simplifying the Market™Originally Published: May 20, 2021, 10:00 amThe level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real […]
Why Waiting to Buy a Home Could Cost You a Small Fortune
Article by: Simplifying the Market™Originally Published: May 6, 2021, 10:00 amMany people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing […]
Are Interest Rates Expected to Rise Over the Next Year?
Article by: Simplifying the Market™Originally Published: May 5, 2021, 10:00 amSo far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a […]
Should I Buy Now or Wait? [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: April 30, 2021, 10:00 am Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest […]
Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home
Article by: Simplifying the Market™Originally Published: April 21, 2021, 10:00 amThis year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below […]
How a Change in Mortgage Rate Impacts Your Homebuying Budget
Article by: Simplifying the Market™Originally Published: March 30, 2021, 10:00 amMortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist […]
Buyer & Seller Perks in Today’s Housing Market
Article by: Simplifying the Market™Originally Published: March 25, 2021, 10:00 amRight now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for […]
Will the Housing Market Bloom This Spring?
Article by: Simplifying the Market™Originally Published: March 11, 2021, 11:00 amSpring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have […]
6 Simple Graphs Proving This Is Nothing Like Last Time
Article by: Simplifying the Market™Originally Published: March 10, 2021, 11:00 amLast March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 […]
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