Industry News
When Will Home Prices Drop? Here’s What 6 Economists Say.
Winter is generally a slow season for the real-estate sector, but will it stay frozen or thaw out—and more importantly, will home prices keep rising, or fall? Home prices and mortgage rates show few signs of falling at the end of October, as low inventory spurs...
5 Things You Didn’t Know a VA Loan Could Do for You
Thanks to the bravery and sacrifices of our veterans and active military, the rest of our country’s civilians can live the American dream in safety. So how fitting is it that one tangible way our country says “thank you for your service” to current and former members...
Putting a New Effort into Expanding the Housing Supply
The past decade has seen increasingly tight housing markets due to strong demand and limited supply. Since the Great Recession, the U.S. has not built enough housing to keep pace with demand created by job and population growth, leading to historically low vacancy...
Foreclosures Tick Up, Especially in These Cities
More homes are in danger of going into foreclosure—especially in certain cities that have had challenges ever since the last housing crisis in the late 2000s. There were nearly 34,000 properties with foreclosure filings in August, according to a recent report from...
There Haven’t Been This Few Homebuyers in the Market Since 1996
The onerous combination of high mortgage rates and few homes for sale is keeping homebuyers out of the market. As the fall housing market kicks off, the number of mortgage applications dropped to their lowest level since 1996 in the week ending Sept. 8, according to...
Smart Home Technology: Enhancing Convenience and Efficiency in Modern Living
In the fast-paced digital age, the concept of a "smart home" has rapidly gained popularity, revolutionizing the way we interact with and manage our living spaces. Smart home technology offers a seamless integration of devices and systems that enhance convenience,...
Mastering Mortgage Management: Tips for Paying Off Your Mortgage Early and Saving Thousands
For many homeowners, a mortgage is the largest financial commitment they will ever make. While owning a home is a significant achievement, the prospect of paying off a mortgage over several decades can feel daunting. However, with careful planning and strategic...
Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home—Not Even Close
Yes, we’ve all heard it. Buying a home today might seem like the most unaffordable, and therefore impossible, it’s ever been. Home prices are near record levels, pushed up by bidding wars erupting on anything well-situated and move-in ready. Plus, mortgage rates are...
Mortgage Rates Are About 7%. Are They Coming Down Anytime Soon?
Homebuyers watching mortgage rates should buckle up—but they probably won’t enjoy this ride. Mortgage interest rates were above 7% for the past two weeks—much to the dismay of many cash-strapped buyers. They averaged 7.09% on Tuesday before falling to 6.96% on...
14 Sneaky Staging Tips for Selling a Small Home
These days it seems like everybody wants a tiny house. But what if your home isn’t adorably tiny? What if it’s just sadly small? Don’t worry—it’s not your square footage that matters most; it’s how you present it. Even if you’re tight on space, you can fool buyers...