It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes.Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by Continue Reading about How to Become a Homeowner on a First-Time Buyer’s Budget
Real Estate Market
My Home Didn’t Sell! Now What?
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly.But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.If that’s you, don’t panic! We’ve outlined Continue Reading about My Home Didn’t Sell! Now What?
2023 Real Estate Market Outlook (And What It Means for You)
Last year, one factor drove the real estate market more than any other: rising mortgage rates.In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1And while some market sectors have been slow to respond, the housing market has reacted accordingly.Both demand and price appreciation have tapered, as the primary challenge Continue Reading about 2023 Real Estate Market Outlook (And What It Means for You)