If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers.
If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move.
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.
- Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.
- Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell.
- If your biggest question is where you’ll go if you sell, take this as encouraging news. Connect with a local real estate professional to start the process today.
- Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision.
- Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road.
- Work with an agent so you have expert advice and a trusted professional who will keep your interests top of mind.
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider.
Over the past two years, we’ve lived through one of the most stressful periods in recent history.
Mortgage rates have increased significantly since the beginning of the year.
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate.
The post The Main Key To Understanding the Rise in Mortgage Rates appeared first on Keeping Current Matters.
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market.
The post What Do Supply and Demand Tell Us About Today’s Housing Market? appeared first on Keeping Current Matters.