The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:Read More »The Two Big Issues the Housing Market’s Facing Right Now
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.
If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.Read More »Should You Consider Buying a Newly Built Home?
No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely… Read More »Why It’s Easy To Fall in Love with Homeownership
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.Read More »What You Should Know About Closing Costs
The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.Read More »Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years
Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years ago.Read More »The Top Reasons for Selling Your House
![The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC] | Simplifying The Market](https://i0.wp.com/files.simplifyingthemarket.com/wp-content/uploads/2023/02/16105224/The-Spring-Housing-Market-Could-Be-A-Sweet-Spot-For-Sellers-MEM.png?ssl=1)
![How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC] | Simplifying The Market](https://i0.wp.com/files.simplifyingthemarket.com/wp-content/uploads/2023/02/10132046/Resize-UPDATED-MEM_Homeownership-Builds-Your-Wealth-In-The-Over-Time-MEM.png?ssl=1)
![You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] | Simplifying The Market](https://i0.wp.com/api.simplifyingthemarket.com/wp-content/uploads/2023/02/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-MEM.png?ssl=1)