Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a ... » Learn More about Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
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Why Median Home Sales Price Is Confusing Right Now
Why Median Home Sales Price Is Confusing Right Now The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. ... » Learn More about Why Median Home Sales Price Is Confusing Right Now
People Want Less Expensive Homes And Builders Are Responding
People Want Less Expensive Homes – And Builders Are Responding In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those ... » Learn More about People Want Less Expensive Homes And Builders Are Responding
Don’t Expect a Flood of Foreclosures
Don’t Expect a Flood of Foreclosures The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true ... » Learn More about Don’t Expect a Flood of Foreclosures
About 11,000 Homes Will Sell Today
About 11,000 Homes Will Sell Today Did you know that about 11,000 homes will sell today throughout the USA? Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing ... » Learn More about About 11,000 Homes Will Sell Today