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The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these two big Continue Reading about The Two Big Issues the Housing Market’s Facing Right Now

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What Are Closing Costs? People are Continue Reading about What You Should Know About Closing Costs

Your home is ready for an update just like you! Fortunately, you can get a freshlook for your living room without major changes or breaking the bank. Hereare 5 cool modern accents you can use to update your living room this weekend. Continue Reading about 5 Modern Details to Update Your
Traditional Living Room

Thinking of buying, selling, or refinancing?  See What These Numbers Mean For You! Interest rates are the rates at which money can be borrowed for a set period of time. The higher the rate, the more money a borrower must pay in the form of interest on the loan. When mortgage rates are lower, this makes the purchasing of a home more affordable. Although the cost of mortgages is Continue Reading about Today’s Purchase Rates Are Here!

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage Bankers Continue Reading about Lower Mortgage Rates Are Bringing Buyers Back to the Market

You may be wishing for Spring, but as the days may be getting shorter the cold isn't gone just yet! Consider spending this time sprucing up the indoors and keeping up with maintenance items now so you will be ready to focus on the outdoors when the weather breaks. Before you know it we'll all have flowers in our gardens again and will be wishing for a cool break from the summer sun. Check Continue Reading about Home Maintenance Tips for February

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up. Spring Should Continue Reading about Why It Makes Sense To Move Before Spring

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more Continue Reading about
The 3 Factors That Affect Home Affordability