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31 Aug How Inflation Affects the Housing Market

Posted at 10:30h in Blog, For Buyers, For Sellers, Housing Market Updates, Interest Rates by MarciaMurray 0 Comments

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Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and Overall InflationShelter inflation is the...

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30 Aug Buyer Traffic Is Still Stronger than the Norm

Posted at 10:30h in Blog, Demographics, For Sellers, Housing Market Updates, Selling Myths by MarciaMurray 0 Comments

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Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.The...

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29 Aug Why You May Still Want To Sell Your House After All

Posted at 10:30h in Blog, Demographics, For Sellers, Selling Myths by MarciaMurray 0 Comments

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Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually...

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28 Aug Gen Z: The Next Generation Is Making Moves in the Housing Market

Posted at 10:30h in Blog, Buying Myths, Demographics, First Time Home Buyers, For Buyers by MarciaMurray 0 Comments

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Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z...

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25 Aug Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Posted at 10:30h in Blog, For Sellers, Housing Market Updates, Infographics, Selling Myths by MarciaMurray 0 Comments

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Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in...

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24 Aug More Jobs and Better Pay Leads to More Buyer Demand

Posted at 10:30h in Blog, For Sellers, Housing Market Updates, Selling Myths by MarciaMurray 0 Comments

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There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re...

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23 Aug Why You Need a True Expert in Today’s Housing Market

Posted at 10:30h in Blog, Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Selling Myths by MarciaMurray 0 Comments

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The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission...

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22 Aug Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

Posted at 10:30h in Blog, Buying Myths, For Buyers, Interest Rates by MarciaMurray 0 Comments

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If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening...

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21 Aug Why Median Home Sales Price Is Confusing Right Now

Posted at 10:30h in Blog, Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths by MarciaMurray 0 Comments

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The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely...

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18 Aug Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Posted at 10:30h in Blog, Foreclosures, Infographics, Interest Rates by MarciaMurray 0 Comments

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Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need...

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