Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does that mean there’s a big wave of foreclosures coming? Here’s […]
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How Cost of Living and Remote Work Are Influencing Residential Choices
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot of people to afford a home right now. That’s why many interested […]
Creating Homebuyer Opportunities in 2024
There’s no denying that the past year has been tough for homebuyers. If you began searching for a home but decided to pause your search because of the current market challenges, you’re not alone. A Bright MLS study found that some of the main reasons buyers paused their search in late 2023 and early 2024 […]
Why Renovating Your Home Can Lead to a Quicker Sale
If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfinexplains: “Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in […]
How to Assess If You’re Prepared to Purchase a Home
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are definitely a factor in your decision, your own personal […]
Why It’s Essential to Work with a Real Estate Professional Right Now
Navigating the housing market can be challenging, particularly in the current climate. This is why it’s crucial to have an experienced guide when buying or selling a home. The market is complex at the moment, and a real estate expert can provide valuable insights and advice that can make a significant difference. While today’s market conditions might […]
Why Retiring to a Smaller Home Can Make Life Simpler
Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it’s important to think about whether your current home still fits your needs. If it’s too big, too costly, or just not convenient anymore, downsizing might help you make the most of your retirement years. To […]
Home ownership presents significant barriers for 98% of Gen Z.
Clever Real Estate in St. Louis has released a new survey examining Gen Z’s views and expectations on home ownership, revealing that 60% of this generation fears they may never own a home. Gen Z includes those born from the late 1990s to early 2010s. Among the respondents, 93% of adult Gen Z members express […]
3 Graphs Highlighting the Differences in Inventory Between Today and 2008
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then. As Business Insidersays: “Though […]
Real estate remains the top choice for long-term investments.
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 put your mind at ease by showing that investing in a home is still a powerful decision. According to the experts […]
