The US housing market has been on a tear in recent years, with home prices surging to record highs. However, this upward trend has not been matched by corresponding growth in incomes, leading to a widening gap between affordability and reality. In this blog post, we'll explore where the disparity is most pronounced and what it means for homebuyers and the broader economy. The National Picture According...
You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent. They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you have realistic expectations and can work together to come up with a plan that’s...
Welcome to Austin, the dynamic capital city of Texas that perfectly blends Southern charm with a vibrant arts and music scene. Known for its eclectic atmosphere, rich history, and breathtaking natural beauty, Austin is a city that offers something for everyone. In this blog post, we will dive into the must-visit attractions, mouth-watering culinary delights, and thriving cultural experiences that make...
Many would-be homebuyers still face obstacles due to years of skyrocketing home prices and dramatically higher mortgage rates. However, new data indicates they are regaining some negotiating power as the housing market slows. For the first time in years, buyers can negotiate conditions to their advantage. This demonstrates how significantly the market has shifted recently and the influence that...
Are you wondering if you should continue renting or buying a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. Data from the Census shows rents have been climbing pretty steadily since 1988. That’s because, historically, rents trend up over time. And data from the latest rental report from Realtor.com shows rents continue to grow today. Even though...
As one of the fastest-growing cities in the United States, Austin, TX, has become known for live music, delicious food, and vibrant culture. However, with its booming population comes one significant challenge: traffic. Whether you're a resident or a visitor, navigating Austin's traffic can be daunting. The city's peak-hour traffic and long commute times are infamous, and understanding how to navigate...
We're still in a sellers' market. And if you're looking to buy a home, you're likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind; there are some benefits to being a buyer in today's market that give you good reason to stick with your search. Here are a few of them. Long-Term Benefits Outweigh Short-Term Challenges Owning a home grows your...
Purchasing a house is a substantial economic matter and a most important judgment in life. For this reason, it is approximated that close to 70-90 percent of homebuyers prefer realtor agents to have a smooth and hassle-free home-buying process. The realtor agents ease the home buying process to assist buyers in passing through the convoluted process of identifying and purchasing a house. Especially for the...
If you’re considering selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Spring is typically the best time to list your home for sale — at least in the years before the pandemic-fueled housing boom. It’s when buyers come out of winter hibernation and hit the market in droves. Experts at realtor.com looked at seasonal trends from recent...
A lot has changed over the past year, and you might wonder what’s in store for the spring housing market. If you plan to sell your house this season, here’s what real estate experts say you should remember. Houses That Are Priced Right Are Still Selling Houses updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says: “. . . sellers who...