While some local markets are experiencing slight declines in home prices, nationally, they are rising, with a 2.1% increase over the past year. Most homeowners remain secure, with 96% seeing value growth since purchase. This data counters negative headlines, indicating only specific areas are correcting and not a nationwide collapse.
Tag Archives: own a home
How to Find the Best Deal Possible on a Home Right Now
To secure the best deal in today’s housing market, focus on homes that have been listed for a while, as sellers are more willing to negotiate. With 20% of homes reducing prices this year, motivated sellers provide opportunities for buyers to save. Less competition enhances negotiation power and potential concessions.
Why Buying a Home Still Pays Off in the Long Run
Renting can feel much less expensive and much simpler than buying a home, especially right now. No repairs, no property taxes, no worrying about mortgage rates – you just pay the bill and move on with your life. But here’s the part people don’t talk about enough: renting doesn’t help you build your financial future.Continue reading “Why Buying a Home Still Pays Off in the Long Run”
The 3 Housing Market Questions Coming Up at Every Gathering This Season
In the current housing market, there are more homes for sale, improving buyer options and affordability due to easing mortgage rates and moderated price growth. Experts suggest that waiting for prices to drop may not be wise. Understanding these trends can help potential buyers make informed decisions about their home purchase.
The Housing Market is Turning a Corner Going into 2026
The housing market is witnessing a gradual comeback after years of stagnation, driven by declining mortgage rates, increased home listings, and renewed buyer interest. Although not a surge, this shift signals potential for a stronger market in 2026. Buyers can afford more, while sellers are beginning to engage, increasing inventory.
4 Reasons Your House Is High on Every Buyer’s Wish List This Season
During the holiday season, selling your house can be advantageous despite the chaos. Serious buyers are active, and you can control showings to fit your schedule. With fewer competitors, your home may stand out more. Additionally, tasteful holiday decor can create an inviting atmosphere, enhancing buyer appeal.
Would You Let $80 a Month Hold You Back from Buying a Home?
Many potential homebuyers are waiting for mortgage rates to drop to the 5% range. However, current rates around 6% have already saved buyers nearly $400 monthly compared to earlier this year. Experts predict rates will remain stable, making waiting potentially costly as competition could drive prices higher. Act now for better opportunities.
What a Government Shutdown Really Means for the Housing Market
A government shutdown does not halt the housing market. While some processes may experience delays, such as loans and flood insurance, homes continue to be bought and sold. Historically, sales activity may dip slightly during a shutdown but rebounds quickly once operations resume, creating potential opportunities for buyers and sellers.
Is the Housing Market Going to Crash? Here’s What Experts Say
Current data suggests that home prices will not crash but continue to rise nationally over the next five years. Experts predict a 15% increase overall, with even the most pessimistic forecasts indicating a 5% rise. Supply shortages are maintaining upward pressure on prices, leading to stable, long-term appreciation.
Why Some Homes Sell Quickly – and Others Don’t Sell at All
Inventory levels of homes for sale have risen nearly 20% compared to last year, with many active listings lingering unsold. To sell quickly, homes must be competitively priced, show well, and be marketed effectively. Engaging a knowledgeable agent can significantly expedite the selling process in today’s market.
Real Estate | Your@HomeTeam 