In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking to make a move. But what’s on the horizon for the new year?
If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle and the reality is, you probably don’t need to put down as much as you think.
Let’s take a look at several key metrics that home buyers and sellers should be paying attention to. These metrics provide valuable insights into the current state of the market and can help guide you in the decision-making process.
If you put off moving because you’re worried home prices might drop, make no mistake, they’re not going down. In fact, it's just the opposite. National data from several sources says they’ve been going up consistently this year.
Welcome to today's real estate metrics analysis. Whether you're a buyer or a seller, this information is crucial to understanding the current market trends and making informed decisions.
It’s impossible to accurately predict where mortgage rates will go for sure, but if history is any guide, the market is waiting for mortgage rates to follow inflation and head back down.
Lending standards have tightened, leading to more qualified buyers who can afford to make their mortgage payments. Data from Freddie Mac and Fannie Mae shows the number of homeowners who are seriously behind on their mortgage payments is declining.
Today we will explore some key real estate metrics that are important to both buyers and sellers in the market. By analyzing these metrics, we can gain valuable insights into the current state of the real estate market and understand the correlation between them.
Buyers are still out there touring homes. In fact they’re more active than they were in May 2022 and certainly more than they were in the last normal years.