The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many...
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most...
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
With market volatility raging on throughout the month of May and inflation showing no signs of slowing down, it may seem like a poor choice to purchase a home during these times – but that’s not true. Timing the housing market and waiting for the perfect...
As the demand for houses supersedes supply, the prices naturally continue to rise as well....
Today, almost every sector has enhanced its user experience with technology and digital resources. For the mortgage and real estate industries, adapting to the changes with technology was a must. Technological advances, the convenience of digital tools, and mobile apps have increasingly gained momentum over...
The limits are adjusted every year based on average home prices, which have increased just over 18% this year....
In a seller’s market, appraisals can sometimes fall behind the fast-paced market and rising home prices. An appraisal gap is a difference between the actual appraisal and the contract price. How can you avoid covering the gap?...
As experts predicted, mortgage rates are increasing. In order to understand what this means for you, it's important to first know why rates are projected to increase. At the end of February, mortgage rates hit well over three percent. What is happening?...
Homeownership is on the rise, and the benefits of owning and building equity can make a dramatic impact. With a shortage of available existing and new homes, is homeownership possible this year? Don’t be discouraged! There are alternate ways to find the perfect fit for...