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The Benefits of Selling Now, According to Experts

ByDavid Dowd
May 25, 2023
Housing Market Updates, Sellers

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale.

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Powerful Job Market Fuels Homebuyer Demand

ByDavid Dowd
May 18, 2023
Housing Market Updates, Sellers

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which

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What You Need To Know About Home Price News

ByDavid Dowd
May 17, 2023
Buyers, Housing Market Updates, Pricing, Sellers

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices

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The Worst Home Price Declines Are Behind Us

ByDavid Dowd
May 16, 2023
Buyers & Sellers, Housing Market Updates

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest

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Homeowners Have Incredible Equity To Leverage Right Now

ByDavid Dowd
May 15, 2023
Buyers & Sellers, Housing Market Updates, Move-Up Buyers

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National

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The Worst of the Home Price Declines Is Behind Us

ByDavid Dowd
May 12, 2023
Buyers & Sellers, Housing Market Updates, Infographic

Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices, reach

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The Best Time To Sell Your House Is When Others Aren’t Selling

ByDavid Dowd
May 11, 2023
Housing Market Updates, Sellers, Selling Myths

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their

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The Impact of Inflation on Mortgage Rates

ByDavid Dowd
May 10, 2023
Housing Market Updates, Interest Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While

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Why Today’s Housing Market Is Not About To Crash

ByDavid Dowd
May 9, 2023
Buyers & Sellers, Foreclosures, Housing Market Updates

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly

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It May Be Time To Consider a Newly Built Home

ByDavid Dowd
May 8, 2023
Buyers, Housing Market Updates, New Construction

If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for

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