Latest Articles

How Mortgage Rates Impact Purchase

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so […]

Will Home Prices Fall This Year?

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price […]

Why the Housing Market Is Not a Bubble

The major reason for the housing crash 15 years ago was a tsunami of foreclosures. With much stricter mortgage standards and a historic level of homeowner equity, the fear of a housing crash impacting today’s market is not realistic. Homeownership has become a major element in achieving the American Dream. A recent report from the […]

Are There More Homes Coming to the Market?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent […]

May Real Estate Roundup

Market Update Slow “Start” to Spring Home Construction Housing Starts and Building Permits for single-family homes fell from February to March, while sales of existing homes also declined for the second month in a row. Consumer inflation remains red hot. Single-family Starts, Existing Home Sales Decline Ongoing supply chain disruptions continue to impact the construction of […]