In recent years, the real estate landscape has experienced significant fluctuations, particularly in mortgage rates. For many homeowners, these fluctuations have sparked a period of hesitation, putting their plans to sell or move on hold. The fear of taking on higher mortgage rates for their...
Have you been unsettled by headlines highlighting a surge in foreclosures within today's housing market? Before succumbing to alarm, it's essential to recognize that these attention-grabbing titles often lack the full narrative. Putting Foreclosure Headlines in Context Media reports exaggerate the significance of recent foreclosure upticks by...
Existing-home sales experienced a slight uptick in May, despite the ongoing challenge faced by buyers due to limited options in the market. According to the National Association of REALTORS® (NAR), total existing-home sales, which include single-family homes, townhomes, condos, and co-ops, increased by 0.2% month...
Even though housing supply had already been affected before Covid-19, it became worse when the pandemic hit as people started to look for new homes with the will to move to lesser populated areas or better home offices as lockdowns were implemented all over the...