Market Updates
Reasons for Buyer Remorse...and How to Prevent ItEven though the 2022 real estate market was challenging due to low inventory and rising mortgage rates, it didn't stop thousands of moves. While there are plenty of happy new home owners, many felt that they didn't make...
Market Updates
HUD Announces Cheaper FHA Mortgage Insurance PremiumsHere's some good news for your prospective buyers, especially those worried about affordability.Recently, the Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to the annual...
Market Updates
Expect a Calmer Spring Housing MarketWhile there will be competition for move-in ready homes with 2023 prices, you may not see the same crowds that packed open houses in 2021 and 2022.The main reason: mortgage interest rates that are currently hovering at 6-7%....
Market Updates
Busting the Myths: Five Misconceptions About New Homes New construction homes are becoming more popular again. But there are some misconceptions about new homes that prevent many buyers from taking the plunge. Here are five common myths and truths behind new...
Market Updates
House Hunters Leave the SidelinesThe latest consumer price index (CPI) report suggests that the worst of inflation is behind us. This suggests that the Federal Reserve may continue to ease 2023 interest rate increases, causing mortgage rates to decline.Shifts in the...
Market Updates
Student Loan Pause Benefits Homeownership for Young PeopleA new report from the Jain Family Institute found that the recent student loan repayment pause has had a positive impact on young Americans' ability to become homeowners.Specifically, the homeownership rate for...
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