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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges.
The three measures used to establish home affordability are home prices, mortgage rates, and wages. Here’s a closer look at each one....
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Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008....
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If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. ...
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If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward....
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The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position....
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If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs....
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“The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November.”...
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If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home....
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If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. ...
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