Homebuyers Income Rises in 2023
Homebuyers were forced to make more money as mortgage rates rose along with home prices, according to the National Association of Realtors’ 2023 Profile of Home Buyers and Sellers. First Timer....
Ep. 235 | New Home Inventory Hits Record High In Q3
SUMMARY: New home inventory hit a record high in the third quarter of 2022, potential buyers have misconceptions about what is going to happen with rates and home prices, and all eyes...
Ep. 181 | Purchase Demand is Holding Strong
SUMMARY: Despite skyrocketing rates demand to purchase a home was up for the second week in a row and is now only down 10% from one year ago but the bad news,...
Ep. 155 | 50 Bips It Is
SUMMARY: The Fed announced a 50 basis point rate hike along with a reduction in holdings by June 1st, Powell seemed concerned with the limited tools the Fed has to deal with...
Record Low in U.S. Say It Is A Good Time To Buy
Americans who think it is a good time to buy a home hit a record low in 2022, according to Gallup’s latest poll…(Gallup) 33% of U.S. adults say it is a...
Biggest Mistakes Home Buyers & Sellers Make
Beth DeCarbo at The Wall Street Journal writes about the top five mistakes both home buyers and sellers make in today’s market… (Wall Street Journal) First for buyers… Location, location, location....
The Perfect Date for Homebuyers
If you are a wannabe homeowner get ready. The best week to buy a home is the week between October 3-9th according to a new analysis from Realtor.com…(Realtor.com) So why the...
Owning Still Cheaper Than Renting
Despite a record jump in home prices, it is still cheaper to own than rent, according to Redfin’s inaugural rent-versus-own analysis…(Redfin) HOME PRICES were up big as the national median monthly...
