To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than at this time last year, but inventory is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. But here’s the thing. Right...
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits so that interest is understandable. However, it's unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project around five million homes...
If you’re considering buying a home, you might focus on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, including a newly built home. The Number of Newly Built Homes Is on the Rise While there are more houses for sale right now than last year, there’s still a historically low number of homes available on the market. One reason for that is...
If you’ve followed the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors determining housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more optimistic economic outlook...
Home equity has been a hot topic in real estate news lately. And if you've been following along, you may have heard there's a growing number of homeowners with negative equity. But don't let those headlines scare you. In truth, the headlines give you only some of the information you need to understand what's happening and at what scale. Let's break down one of the significant equity stories you...
