What’s the Impact of Presidential Elections on the Housing Market?

by Seth PfaehlerEconomy, For Buyers, For Sellers, Home Prices, Inventory, Mortgage RatesPosted on Comments are Disabled

It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead. And those unanswered thoughts can quickly spiral, causing fear and uncertainty to swirl through your mind. So, if you’ve been considering buying or selling a home this year, you’re probably curious about what the election might mean for the housing …

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The Number One Mistake Sellers Are Making: Overpricing Their House

by Seth PfaehlerFor Sellers, Home Prices, Selling TipsPosted on Comments are Disabled

In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. Data from Realtor.com …

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Is Affordability Starting To Improve?

by Seth PfaehlerAffordability, Economy, For Buyers, Home Prices, Mortgage RatesPosted on Comments are Disabled

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Housing …

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Are Home Prices Going To Come Down?

by Seth PfaehlerFor Buyers, Home PricesPosted on Comments are Disabled

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s what Danielle Hale, Chief Economist at Realtor.com, says: …

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A Newly Built Home May Actually Be More Budget-Friendly

by Seth PfaehlerBuying Tips, For Buyers, Home PricesPosted on Comments are Disabled

If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially …

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