“Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time and is built up by price appreciation and paying off the mortgage.”
For almost 50 years, the 30-year mortgage rate has moved in unison with the 10-year treasury rate. What does that mean for mortgage rates in the near-term?
Why are pricing rising? Where are prices headed? What does that mean for homebuyers? Understanding the impact supply and demand has can provide the answers to these questions.
If you are considering selling your house this fall, here are four simple tips to make sure you maximize the sale of your house.
Before you decide to sell your house on your own, here are five reasons why working with an agent is your best bet to maximize the sale of your home.
Homes selling quickly and receiving multiple offers highlights how competitive the housing market is right now. This is due, in large part, to the low supply of homes for sale. Is offering the asking price enough to secure a home?
Before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.
Are we starting to see signs of relief of our extreme housing shortage? An important metric in today’s residential real estate market is the number of homes available for sale.
In today’s sellers’ market, standing out as a buyer is critical. Multiple offer scenarios and bidding wars are the norm de to the low supply of houses for sale and high buyer demand. In this article we discuss five things to keep in mind when it’s time to make an offer.
“Home ownership is one of the indicators Americans say is least connected to financial health.”