In today’s market, a growing number of sellers are opting to do something called a price cut – especially when their house has been on the market for a while without any bites. According to HousingWire Data as many as 4 in 10 (43%) sellers are going this route – that’s the highest it’s been in 4 ... Continue Reading » about Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.
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Credit Scoring Is Changing: 3 Things Homebuyers Should Know
Quick, what credit score do you need to buy a home? If a number pops into your head, there's a pretty good chance it's wrong. And the right answer is getting harder to pin down, because the way credit scores are determined and delivered is changing - for the better. Here's what you need to know ... Continue Reading » about Credit Scoring Is Changing: 3 Things Homebuyers Should Know
Who’s Buying Homes with Cash Right Now?
Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders. Today, let’s zoom in on the 1st group – cash buyers. According to the National Association of Realtors ... Continue Reading » about Who’s Buying Homes with Cash Right Now?
Myth vs. Reality: Does the Fed Control Mortgage Rates?
You've probably heard the Federal Reserve (the Fed) is raising rates again. And if you're planning to buy or sell a house, you may be wondering what that means for you. With all the headlines, it’s easy to think the Fed sets mortgage rates. That’s actually a common myth. But the Fed’s decisions ... Continue Reading » about Myth vs. Reality: Does the Fed Control Mortgage Rates?
The Mortgage Rate You See Online Isn’t Necessarily the One You’d Get.
You may have seen the headlines saying mortgage rates have climbed to the highest point since January 2025. And if that's left you reluctant to buy a home, here's what you need to remember… That's not necessarily the number you'd get. It's a common misconception that the rate you ... Continue Reading » about The Mortgage Rate You See Online Isn’t Necessarily the One You’d Get.
What Higher Mortgage Rates Mean for Home Sellers
Higher mortgage rates don't just affect buyers. They can change what it takes to sell your house, too. That's because today's buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, ... Continue Reading » about What Higher Mortgage Rates Mean for Home Sellers
Why So Many Sellers Are Cutting Their Price Right Now
Price cuts are turning up everywhere right now, and they read very differently depending on which side of the deal you’re on. Sellers tend to worry a cut means walking away with less than they hoped. Sometimes that’s true, but more often it just means the market moved faster than the listing ... Continue Reading » about Why So Many Sellers Are Cutting Their Price Right Now
There Are 4 Types of Housing Markets Right Now. Which 1 Are You In?
Today’s housing market splits into four distinct types. You’ve got cash buyers, buyers financing a purchase, owners who feel locked into a low rate, and builders with homes to sell. Which type you’re in changes how you should buy or sell. Ryan Serhant, CEO of SERHANT agrees: “There is no longer a ... Continue Reading » about There Are 4 Types of Housing Markets Right Now. Which 1 Are You In?
Thinking About Tapping into Your 401(k) To Buy a Home? Read This First.
Lately, headlines have floated an eye-catching idea about tapping into your 401(k) to cover a down payment on a home. Maybe you've caught the buzz and wondered whether that money could get you into a home faster, especially with affordability as tough as it is. Here’s what you need to ... Continue Reading » about Thinking About Tapping into Your 401(k) To Buy a Home? Read This First.
The Housing Market Split in 2. Which Side Is Your House On?
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point. Knowing which track your house is on changes everything about your sale, from your asking price to ... Continue Reading » about The Housing Market Split in 2. Which Side Is Your House On?
Sellers Are Cutting Prices To Meet Buyers Where They’re At
You're scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app. Because even if you love the house, the numbers feel impossible. But here's the thing. Nationally, there are more homes sitting on ... Continue Reading » about Sellers Are Cutting Prices To Meet Buyers Where They’re At
One Number Could Change Everything About Your Next Move
When's the last time someone told you what your house is worth? Not what some online valuation tool guessed. Not what your neighbor's house sold for. What yours is actually worth right now. For a lot of homeowners, it's been years. And if you've been thinking about moving, but higher home prices ... Continue Reading » about One Number Could Change Everything About Your Next Move
Thinking About Waiting for Lower Mortgage Rates? Read This First.
Imagine waiting a year to buy a home,only to find mortgage rates haven't changed much.That may sound frustrating.But it's a real possibility. A lot of people are putting their plans on hold because they believe much lower mortgage rates are right around the corner. But, based on today's ... Continue Reading » about Thinking About Waiting for Lower Mortgage Rates? Read This First.
Here’s Where To Start if You’re Selling and Buying at the Same Time
If you're a homeowner getting ready to move, one question usually comes first: should you buy your next home before you sell, or sell your current house before you start looking? There's no single right answer. The best call depends on your finances, your local market, and your timeline. And a ... Continue Reading » about Here’s Where To Start if You’re Selling and Buying at the Same Time
Buying a Home? Here’s What You Should Know About Home Insurance Costs.
If buying a home is on your radar, you've probably been keeping an eye on mortgage rates and home prices. But don’t forget about homeowners insurance. Homeowners insurance has always been part of owning a home. But over the past few years, it's become a larger expense for many homeowners – ... Continue Reading » about Buying a Home? Here’s What You Should Know About Home Insurance Costs.
The House That Started It All Could Kickstart What’s Next
Remember how exciting it was to buy your first place? It felt like crossing a long-awaited finish line. It gave you a place to build your life. Maybe it’s where you lived when you got married. Or where you welcomed a child or a pet into the family. But that was just the beginning. For most ... Continue Reading » about The House That Started It All Could Kickstart What’s Next
The “Take It or Leave It” Attitude Is Fading from the Market – What That Means for You
Negotiations are back. More buyers are asking for better deals, and more sellers are giving them. Builders are throwing in extras, too. That’s why whether you’re buying or selling today, there are two terms you’ll hear a lot: concession and incentive. Let’s run through what you need to ... Continue Reading » about The “Take It or Leave It” Attitude Is Fading from the Market – What That Means for You
Student Loans Are Back in the News. Don’t Let It Put Your Homeownership Plans on Hold.
Student loans are back in the spotlight. And whether you've been following the headlines closely or just catching bits and pieces here and there, there's a good chance they've been on your mind lately. And if you’re questioning whether you have to hit pause on your plans to buy a home, here's the ... Continue Reading » about Student Loans Are Back in the News. Don’t Let It Put Your Homeownership Plans on Hold.