Market Updates
Mortgage Rates Dip, Applications RiseAn increase in home purchase applications was recorded during the first week of March, driven by mortgage rates dipping below 7% for the first time in more than a month. This suggests that more potential home buyers, tired of...
Market Updates
Presidential Incentives for Home Buyers and SellersDuring last week's State of the Union speech, President Biden introduced plans to address the nation's ongoing issues with lack of affordable housing. These plans included the introduction of new tax breaks for...
Market Updates
These Seller Myths Are Still Alive and WellWhile most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market.Never Accept the First Offer. While...
Market Updates
These Seller Myths Are Still Alive and WellWhile most home sellers are ready to take your advice, there are still some myths about pricing and the sale process you may need to address. These are still going strong in today's market.Never Accept the First Offer. While...
Market Updates
Why Generation Z Buyers Aren't Millennial LiteEven though recent stats define typical first-time buyers as 30-something Millennials, it's time to consider updating your marketing strategies for Generation Z buyers.Research on Gen Z is increasing as they graduate and...
Market Updates
Encourage Would-be Sellers with an Equity AssessmentWhile some homeowners already have reasons to sell during 2024, there are some who have decided to stay put, even if their property doesn't fit their lifestyle or plans. They're on the fence because of today's higher...
Market Updates
Equity, Inventory Numbers Continue to Grow According to recent data, housing affordability and buying power are both moving in the right direction.The latest Mortgage Monitor Report from Intercontinental Exchange, Inc. (ICE) contained encouraging data for buyers and...
Market Updates
Buyer Purchasing Power Continues to Recover During the last months, mortgage interest rates have reacted to favorable economic news and are now considerably lower than last October's painfully high numbers. This adds up to additional purchasing power for your buyer...
Market Updates
Buyer's Regret Fuels Rising Inventory Numbers While housing inventory is still painfully low in many areas, many agents are reporting an increase in market activity before the usual spring thaw. More homeowners are making the decision to sell, regardless of mortgage...
Market Updates
More Buyers Leaving the Sidelines Even though mortgage interest rates are still over 6.5%, a rising number of home buyers are deciding to proceed with their plans. Applications for new mortgages rose 6% year-over-year during the first week of January, with total...
Recent Comments