Yearly Archives: 2022

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.

Some Highlights

• Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.
• Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell.
• If your biggest question is where you’ll go if you sell, take this as encouraging news. Connect with a local real estate professional to start the process today.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

Some Highlights

• Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
• Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell.
• Don’t miss out on this unique opportunity. Work with an agent to take advantage of this hot sellers’ market.

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes.

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information.

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market.

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022.