Real Estate

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.

If your listing expired and your house didn’t sell, it’s totally natural to
feel a mix of frustration and disappointment. And as you’re working through
that, you’re probably also wondering what went wrong and what you should do
next.

Wondering what the second half of the year holds for the housing market?
Here’s what expert forecasts say. Home prices are expected to climb
moderately. Mortgage rates are forecast to come down slightly. And, home
sales are projected to hold steady. If you have questions about what to
expect for the rest of the year, DM me so we can have a conversation about
what it means for you and your plans.

Should you buy a home now or should you wait? That’s a big question on many
people’s minds today. And while what timing is right for you will depend on
a lot of other personal factors, here’s something you may not have
considered.

When you decide to buy your first home, you may come across a number of
terms and conditions you’re not familiar with. While you may have a general
idea of what an inspection is, maybe you’re not sure why you need one or
how it’s different from an appraisal. To keep it simple, here’s an
explainer of each one and what they mean for you as a homebuyer.

Think of the homes on the market like loaves of bread for sale in a bakery.
When a fresh batch of bread is put out, everyone wants the newest and
hottest one. But if a loaf sits there too long, it starts to get stale, and
fewer people want to buy it.

As we move into the second half of 2024, here’s what experts say you should
expect for home prices, mortgage rates, and home sales.