Forecasts

Buying a home in today’s market can feel like an uphill battle – especially with home prices and mortgage rates putting pressure on your budget. If you’re feeling stuck - co-buying could be one way to help you get your foot in the door. Freddie Mac says: “If you are an aspiring homeowner - buying a home with your family or friends could be an option.” But there are some things you'll want...

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble - where many homeowners owed more than their homes were worth - today’s homeowners have far more equity than debt. That’s a big part of the reason why even though mortgage debt is at an all-time high - this isn’t 2008 all over again. As Bill...

Some Highlights If you’re planning to list your house in 2025 - it’s already time to start working on any repairs. But where do you start? Your local agent will be able to help you prioritize projects that will help you get the best return on your investment and appeal to what today’s buyers really want. If your goal is to sell your house next year - connect with an agent so you...

What’s Behind Today’s Mortgage Rate Volatility? If you’ve been keeping an eye on mortgage rates lately - you might feel like you’re on a roller coaster ride. One day rates are up; the next they dip down a bit. So - what’s driving this constant change? Let’s dive into just a few of the major reasons why we’re seeing so much volatility - and what it means for you. The Market’s Reaction to...

Let’s be real – buying a home right now is tough. You’re scrolling through listings - rushing to open houses - and maybe even losing out to more competitive offers. Somewhere along the way - you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight. But here’s the thing: that’s mostly a myth....

Don’t Let These Two Concerns Hold You Back from Selling Your House If you’re debating whether or not you want to sell right now - it might be because you’ve got some unanswered questions - like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won't find a house you like. To put your...

More Homes, Slower Price Growth – What It Means for You as a Buyer There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why. You Have More Options To Choose From An article from Realtor.com helps explain just how much the number of homes for sale has gone up this year: “There were...

What To Look For From This Week’s Fed Meeting You may be hearing a lot of talk about the Federal Reserve (the Fed) and how their actions will impact the housing market right now. Here’s why. The Fed meets again this week to decide the next step with the Federal Funds Rate. That's how much it costs banks to borrow from each other. Now - that’s not the same thing as setting mortgage rates - but...

Expect the Unexpected: Anticipating Volatility in Today’s Housing Market You’ve probably noticed one thing if you’re thinking about making a move: the housing market feels a bit unpredictable right now. The truth is - from home prices to mortgage rates - we’re seeing more volatility – and it’s important to understand why. At a high-level - let’s break down what’s happening and the best...

Is a Fixer Upper Right for You? Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner - even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work. What Is a Fixer Upper? A fixer...