The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home ... » Learn More about How Much Leverage Do Today’s Home Sellers Have?
If you’re looking for a house to buy right now and are having trouble finding one, you’re not alone. At a time like this, when there are so few homes for sale, it’s normal to wonder if you’ll actually ... » Learn More about Are There Going to Be More Homes to Buy This Year?
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people think it’s 20% of the loan to secure a mortgage. But, ... » Learn More about What Are the Benefits of a 20% Down Payment?
As you're probably aware, we’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that ... » Learn More about The Reason Mortgage Rates Are Projected to Increase and What It Means for You
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed ... » Learn More about Where Have All the Houses Gone?