Is Homeownership Within Reach? The Housing Affordability Index Can Tell You
The housing affordability index is a useful tool for anyone who has questions about home prices and housing affordability. Here’s how it works, what it does, and what it means for you. What is the housing affordability index?The housing affordability index is the measure of whether or not the averag
Inflation Is Slowing. What’s Next for Mortgage Rates?
With inflation and the housing market dominating economic headlines, it’s important to understand how they go hand-in-hand. When the rate of inflation is too high, the Federal Reserve takes action by raising the key interest rate. As a result, borrowing money becomes more expensive—and interest rate
3 Positive Things About the Current Real Estate Market
News about the economy and real estate market can be stressful. Inflation, interest rates, the housing crisis… yikes. If you’re trying to buy or sell a home, all this negative, rapid-fire information can feel overwhelming—and it’s easy to feel like you shouldn’t get into the market at all.But if you
Mid-Year Home Price Predictions from the Experts
Last week, the Fed announced that it would lift its pause on interest rate hikes, raising rates by 25 basis points (0.25%). The current rate is the highest it’s been since March 2001. This move is a further attempt at directing the economy toward a “soft landing,” or a gradual slowdown that curbs in
Luxury Homes: The Best of the Best, Period.
Luxury homes are the epitome of class, style, and opulence.Offering the best of the best in architecture and design, these homes incorporate premium building materials, breathtaking aesthetics, deluxe finishes, and so much more. Expansive spaces in the best locations and cutting edge smart tech ensu
Don’t Miss Your Chance to Move This Summer
If you want to move this summer, but you haven’t been able to so far, it’s not too late. Take advantage of the summer sun and quick home sales to get into a new home before the season is out.Here’s how to start. 1. Get preapproved.Whether you’re currently renting or you already own a home, getting a
Make Summer Landscaping Easier With These 6 Tips
It’s common wisdom that well-designed landscaping improves curb appeal and increases your home’s value. But many people aren’t sure where to start, and if gardening isn’t your passion, the sheer amount of work can seem daunting. Here are six ways to reduce the effort it takes to get stunning and val
The Pros and Cons of Buying a Foreclosed Home
A foreclosed home is a home that has gone through foreclosure. Foreclosure is the legal process in which a lender repossesses a property from someone who has defaulted on their loan, usually by failing to make their mortgage payments. You can then buy the foreclosed property from the lender—sometime
7 Tips for a Successful Summer Open House
Selling your home this summer? An open house is a great way to generate excitement and get buyers interested.No matter what the market conditions are, an open house will help you sell faster and for more money. How much more? Research shows that sellers who host an open house sell their homes for ab