When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis […]
Existing Home Sales Fall for 5 Consecutive Months As housing affordability continues to be negatively impacted by high home prices and increasing mortgage rates, sales of existing home sales decreased for five straight months, according to the National Association of Realtors (NAR). Supply seems to be improving somewhat, while home price appreciation continues – though at […]
Existing Home Sales Fall for 5 Consecutive Months As housing affordability continues to be negatively impacted by high home prices and increasing mortgage rates, sales of existing home sales decreased for five straight months, according to the National Association of Realtors (NAR). Supply seems to be improving somewhat, while home price appreciation continues – though at […]
Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The growing number of homes coming onto the market is increasing and that could make it easier for you to move […]
While it’s true that housing prices have been rising steadily for the past few years, it’s not a bad thing as the media would have you think. Yes, it’s harder for first-time buyers to enter the market, but existing homeowners are seeing their equity grow. And, contrary to what some reports would have you believe, […]