For Buyers, , Page 54

What Would a Recession Mean for the Housing Market?

August 16, 2022 Eileen Kedersha

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a […]

The U.S. Homeownership Rate Is Growing

August 15, 2022 Eileen Kedersha

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, […]

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

August 12, 2022 Eileen Kedersha

Some Highlights

Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways.
First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time.
If you have questions about the housing market, let’s connect.

What Does the Rest of the Year Hold for Home Prices?

August 11, 2022 Eileen Kedersha

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. […]

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

August 10, 2022 Eileen Kedersha

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your […]

How to Move to a Different State

August 5, 2022August 5, 2022 Brittany Fisher

How to Move to a Different State

Image via Pexels | Article written by Brittany Fisher: Financiallywell.info

How to Move to a Different State

Many moves in the United States are individuals or families moving to a different state. These moves are more complex than moves within the same city or state. Fortunately, a little planning goes a long way toward making the process easier. Here, we outline the basic steps for moving to a different state.

Find a Home

Although the basic buying process is the same whether you are moving across the street or across the country, there are unique difficulties when searching for a home in another state. If you are not familiar with the area, you won’t know about the noise level, amenities, or schools in any neighborhood. Make sure to research the neighborhood thoroughly and visit if possible.

Continue reading “How to Move to a Different State”

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

August 5, 2022 Eileen Kedersha

Some Highlights

The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022.
Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years.
Let’s connect so you can make your best move this year.

Buying a Home May Make More Financial Sense Than Renting One

August 3, 2022 Eileen Kedersha

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest […]

3 Graphs To Show This Isn’t a Housing Bubble

August 2, 2022 Eileen Kedersha

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, […]

Why Are People Moving Today?

August 1, 2022 Eileen Kedersha

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they […]