Planning To Sell in 2027? Start Prepping Now.

Planning To Sell in 2027? Start Prepping Now.

If selling your house is on your calendar for 2027, you may be thinking you've got plenty of time. Maybe you're aiming for January. Maybe you're waiting for spring. Either way, next year probably feels far enough away that getting ready can wait, too.  But waiting until 2027 to sell doesn't mean waiting until 2027 to get started. Today's buyers have more homes to choose from than they've had in...

The Housing Market Is on Solid Ground, Even with More Foreclosures

The Housing Market Is on Solid Ground, Even with More Foreclosures

It’s been nearly two decades since the 2008 housing crash, but the word “foreclosure” can still make people uneasy. And if you’re planning a move, you may be wondering if more foreclosures will flood the market with homes for sale – especially if you’ve seen the headlines lately. Buyers may be hoping for a rush of bargains. Sellers may be bracing for more competition. The latest data points...

Low Rates or Lots of Leverage? Buyers Rarely Get Both.

Low Rates or Lots of Leverage? Buyers Rarely Get Both.

If you’ve been watching mortgage rates lately, you might feel a little stuck. Rates climbed above 7% this year, and a lot of buyers have decided to sit tight and wait for them to come back down. But rates are only half the story. When you buy a home, you usually get one of two things: low rates or negotiating power. It’s rare to get both at the same time. And right now, you have a lot more of that...

G Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.

Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.

In today’s market, a growing number of sellers are opting to do something called a price cut – especially when their house has been on the market for a while without any bites. According to HousingWire Data as many as 4 in 10 (43%) sellers are going this route – that’s the highest it’s been in 4 years. But what if there’s another (potentially better option) for your bottom line? And it’s...

What the Silver Tsunami Means if You’re Planning To Sell

What the Silver Tsunami Means if You’re Planning To Sell

If you’re following the housing market, you may have heard the term “silver tsunami” lately. It's the idea that millions of homes owned by older Americans could come onto the market as more homeowners reach retirement age and make their next move. And when you hear a phrase like that, it's easy to picture a flood of houses hitting the market all at once. But that picture doesn't match the...

What Experts Forecast for Mortgage Rates and Home Prices in 2027

What Experts Forecast for Mortgage Rates and Home Prices in 2027

When it comes to housing, two of the biggest questions on everyone’s mind right now are: What’s next for mortgage rates? Where will home prices go from here? And if you’re weighing whether to move in the next few months or wait until 2027, here’s what you should know. When experts look ahead to 2027, they see a steady housing market. No wild swings. No big surprises. Just a calmer,...

The Home Insurance Move That Could Save You $440 a Year

The Home Insurance Move That Could Save You $440 a Year

When you’re planning a move, every monthly cost counts. That’s why it can be frustrating to see home insurance keep creeping up. According to Intercontinental Exchange, it now makes up 9.6% of the average monthly mortgage payment.  But the latest numbers show some progress on that front – as the increases start to slow down. Here’s what you need to know and what you can do about...

Credit Scoring Is Changing: 3 Things Homebuyers Should Know

Credit Scoring Is Changing: 3 Things Homebuyers Should Know

Quick, what credit score do you need to buy a home? If a number pops into your head, there's a pretty good chance it's wrong. And the right answer is getting harder to pin down, because the way credit scores are determined and delivered is changing - for the better. Here's what you need to know in today's changing credit climate. #1  Most People Are Guessing  Fannie Mae has been...

Don't Let the Fear of a Buyer Backing Out Scare You Away from Selling

Don’t Let the Fear of a Buyer Backing Out Scare You Away from Selling

There's nothing quite like the excitement of getting an offer on your house. You're one step closer to moving on to what's next. But what happens if that buyer backs out or ghosts you before closing? If you've been seeing headlines about more home sales falling through lately, that possibility may be keeping you up at night. And it's true. According to Redfin and Cotality, canceled contracts have been...

Who’s Buying Homes with Cash Right Now?

Who’s Buying Homes with Cash Right Now?

Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders. Today, let’s zoom in on the 1st group – cash buyers. According to the National Association of Realtors (NAR), 27% of homes sold in September were bought with all cash. That’s more than 1 in 4 buyers. And...