Nancy’s News

Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year.

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home.

The inventory of newly built homes, however, is also rising. And with more options available than there have been in years, a new home may be just the answer you’re looking for.

But here’s the news you’ve been waiting for: data shows clear signs bidding wars are easing this year.

Regardless of the source, the increase in available housing supply is good for buyers. More housing supply actively for sale means you have more options as your search for your next home.

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.

A home inspection is a crucial step in the home buying process. It assesses the condition of the home you plan to purchase so you can avoid costly surprises down the road.

With home equity and a shield against inflation on the line, it may make more sense to buy a home if you’re able to.

There are more homes for sale today than at any time last year.

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market.

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.

If you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation.

Down payment assistance programs have helped many homebuyers achieve their dreams, and if you qualify, they could help you, too.

With moderating levels of buyer competition and more homes actively for sale, your home search may have gotten a bit less challenging

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind.

If you’re looking to buy your first home, you’re likely balancing several factors.

As people realize their needs are changing, some are turning to luxury housing to find their dream home.

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important.

There’s a common misconception that younger generations aren’t interested in homeownership.

If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option.

Before you decide whether you’re ready to buy a home, you should know how to answer these three questions.

If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs.

Let’s look closely at the market conditions that impact home affordability.

For many young or first-time homebuyers, purchasing a home can feel intimidating.

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important?

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy.

It's essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process.

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase.

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move.

Understanding how housing affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down the optimal window of time in which to make a purchase.

Many people are sitting on the fence trying to decide if now’s the time to buy a home.

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now.

This year, Americans are moving for a variety of reasons. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces.

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles.

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year.

If you’re dreaming of buying a home this year, start by connecting with a local real estate professional to understand what goes into the process. With a trusted advisor at your side, you can then begin to answer the questions below to set yourself up for homebuying success.