Foreclosures aren’t flooding the market. Far from it. Only 2% of home sales in July were foreclosures or short sales. That’s close to a record low. And that’s a very different story than 2008 crash. Want to know what’s happening in our area? Let’s...
What a Fed Rate Cut Could Mean for Mortgage Rates The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set...
Patience Won’t Sell Your House. Pricing Will. Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why. Let’s be real. Homes are taking a week longer to sell than they did a year ago....
Mortgage Rates Just Saw Their Biggest Drop in a Year You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level...
The number of homes actively for sale is at its highest point since 2020 — and that’s a big deal for any homebuyer out there. That gives you the widest selection of homes to choose from right now that you’ve had in five years. That means a better shot at finding the...
