Home Prices

Renting vs. Buying: The Net Worth Gap You Need To See Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth. Every three years - the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and renters have – and the difference is significant. On...

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...

Q&A: How Do Presidential Elections Impact the Housing Market? Some Highlights Even if you’re not looking to move right away - you may have questions about how the election will impact the housing market. When we look at historical trends - combined with what’s happening right now - we can find your answers. Based on historical data - mortgage rates decrease in the months before and home prices...

How Real Estate Agents Take the Fear Out of Moving Feeling a bit unsure - or even afraid - to move with everything going on right now? The decision to move shouldn’t be scary - it should be exciting. And the best way to eliminate any fear is to work with a pro. Real estate agents are so much more than just transaction facilitators; they’re trusted guides to help you navigate the complexities of the...

Avoid These Top Homebuyer Mistakes in Today’s Market No one likes making mistakes - especially when they happen in what’s likely the biggest transaction of your life – buying a home. That’s why partnering with a trusted agent is so important. Here’s a sneak peek at the most common missteps buyers are making in today’s market and how a great agent will help you steer clear of each one. Trying...

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts - especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you're thinking of buying or selling - here’s a look at what the experts are saying and how it might impact your move. Mortgage Rates Are Forecast To...

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because - once they sell - they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height - the median down payment has too. According to the latest data from Redfin - the typical down payment for U.S. homebuyers is $67...