Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.
In today’s market, a growing number of sellers are opting to do something called a price cut – especially when their house has been on the market for a while without any bites.According to HousingWire Data as many as 4 in 10 (43%) sellers are going this route – that’s the highest it’s been in 4 year
What the Silver Tsunami Means if You’re Planning To Sell
If you’re following the housing market, you may have heard the term “silver tsunami” lately. It's the idea that millions of homes owned by older Americans could come onto the market as more homeowners reach retirement age and make their next move.And when you hear a phrase like that, it's easy to pi
What Experts Forecast for Mortgage Rates and Home Prices in 2027
When it comes to housing, two of the biggest questions on everyone’s mind right now are:What’s next for mortgage rates?Where will home prices go from here?And if you’re weighing whether to move in the next few months or wait until 2027, here’s what you should know.When experts look ahead to 2027, th
The Home Insurance Move That Could Save You $440 a Year
When you’re planning a move, every monthly cost counts. That’s why it can be frustrating to see home insurance keep creeping up. According to Intercontinental Exchange, it now makes up 9.6% of the average monthly mortgage payment. But the latest numbers show some progress on that front – as the incr
Credit Scoring Is Changing: 3 Things Homebuyers Should Know
Quick, what credit score do you need to buy a home? If a number pops into your head, there's a pretty good chance it's wrong. And the right answer is getting harder to pin down, because the way credit scores are determined and delivered is changing - for the better.Here's what you need to know in to
Don't Let the Fear of a Buyer Backing Out Scare You Away from Selling
There's nothing quite like the excitement of getting an offer on your house. You're one step closer to moving on to what's next. But what happens if that buyer backs out or ghosts you before closing?If you've been seeing headlines about more home sales falling through lately, that possibility may be
Who’s Buying Homes with Cash Right Now?
Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders. Today, let’s zoom in on the 1st group – cash buyers.According to the National Association of Realtors (NAR),
Why Builders May Be More Motivated To Sell Than Homeowners
Here's something most homebuyers don't think about. When the housing market slows down, homeowners and builders don't always respond the same way.Think about it. If you're selling your house and aren't getting the offers you want, you could make the choice to take it off the market and stay put, and
Why More Buyers Are Turning To Adjustable-Rate Mortgages Today
When mortgage rates climb, buying a home can start to feel like trying to hit a moving target. Every jump in rates makes monthly payments bigger, and that pushes a lot of buyers to look for another way in.More and more of them are finding it in the adjustable-rate mortgage, or ARM.The ARM Option He