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...
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...