Housing Market

The Market Outlook from the REALTORS® Confidence Index for sellers increased compared to last month.

As spring approaches and the real estate market begins to bloom, homeowners gearing up to sell their homes are undoubtedly eager to secure the best offer possible. The key to achieving this lies in understanding how real estate agents value properties and determine listing prices. Here's a glimpse into the process:

Stepping into the world of renting your first apartment is an exciting milestone, but it can also be daunting, especially when it comes to figuring out your budget. As a prospective renter who's new to living on your own, establishing a realistic budget is essential for ensuring financial stability and peace of mind. Here's a beginner's guide to help you navigate the process:

No matter what stage of life you’re in, buying or selling a home is a big decision. When you’ve made big decisions in the past, what have you done? You’ve probably done some research on your own, and then asked for advice and guidance from someone you consider to be extremely knowledgeable. Big decisions lead to big changes and moving is no exception. There are a lot of factors at play when deciding on new living arrangements. You need insights from experts to help you feel confident and make the right choice.

Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard headlines that the rate is coming down, but then you read somewhere else that they’re up again. Understandably, it may leave you scratching your head and wondering what’s true.

If you’re in the market for a new home, you’ve probably been following the headlines. There’s been a downward trend in mortgage rates which can help with housing affordability, but there have also been fewer homes on the market for you to consider buying. The good news is that lower mortgage rates may inspire more homeowners to put their houses up for sale.

Buying a home can feel especially complicated if you’re new to the process and don’t know the terms to expect. If you want to become a homeowner this year, it’s a good idea to learn these housing key words. Once you do, you’ll feel more confident and better informed.

If you’re worried about an upcoming recession, you’re not alone. Over the past couple of years, there’s been a lot of talk about recessions and many people worry about the effect one would have. There’s fear that a recession would cause the unemployment rate to skyrocket, which is something we’ve experienced in the not-too-distant past. Some people even worry that a spike in unemployment would lead to an increase in foreclosures, similar to the circumstances of 15 years ago.