The 30-year fixed-rate mortgage (FRM) averaged 7.04 percent as of January 16, 2025, up from last week when it averaged 6.93 percent, according to the Freddie Mac. A year ago at this time, the 30-year FRM averaged 6.60 percent. “Mortgage […]
Market Trends
Real Estate News
Real estate is still the best long-term investment
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help […]
What’s next for home prices and mortgage rates?
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move […]
Is your house on a Buyer’s Wish List this holiday season?
This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year. […]
3 myths that are hurting home buyers and sellers
There’s no denying that it’s a tough market, with challenges for both buyers and sellers. But myths and misconceptions floating around about this market and what’s going to happen next aren’t making things any easier. So what, exactly, are those […]
Are home prices going up or down? That depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different […]
Oops! Home prices didn’t crash after all
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating […]
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Three reasons to buy a home in today’s shifting market
The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity […]
4 key trends that define today’s real estate market
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. […]
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Your home equity can take you places
The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, […]
