Buyers: Advantage in More Cities & Incentives Sellers: Rate Drops Equal Major Savings for Buyers
The market is starting to cool, bringing more buyers to the market. As interest rates finally start to come down, savvy buyers will jump into the market to get the best incentives from sellers before demand increases. On the Seller side, inventory has been increasing and expectations need to be adj
How Long Will It Take To Sell My House?
You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent. They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. Th
Focus on Time in the Market, Not Timing the Market
Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered. If you’re able to buy at today’s rates and prices, it may be better t
Questions You May Have About Selling Your House
There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move. Here are three of the top questions you may be asking – and the data that helps answer them.1. Should
The Number of Homes for Sale Is Increasing
There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up. There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2
Buyers: Spring Season was a Snoozer. Will Summer be the New Spring? Sellers: Greater Phoenix is in a Balanced Market – What Sellers Need to Do
Spring time is typically the hottest selling market in the Valley. 2024 has so far been lackluster with lower than average demand and little inventory on the market. Still properties have continued to move pretty well. With news that interest rates may take a bit longer to come down, the market has
Now’s a Great Time To Sell Your House
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondent
Is It Getting More Affordable To Buy a Home?
Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin,
Sellers: Condition of Your Home Matters Today
Delays in interest rate reductions have slowed buyer demand in what is normally one of our busiest seasons. Rates aside there are still compelling reasons for buyers to capitalize on today’s market: motivated sellers mean there are better conditions to maximize seller credits towards permanent rate