After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable.
The housing market needs more homes for sale to meet the demand of today’s buyers.
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:
Wondering What’s Going on with Home Prices? Kim Sherman | February 16, 2023 | 6:15 PM CST The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s […]
Should You Consider Buying a Newly Built Home? Kim Sherman | February 16, 2023 | 6:10 PM CST If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly […]
Experts Forecast a Turnaround in the Housing Market in 2023 Kim Sherman | February 6, 2023 | 3:01 PM CST The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are […]
Should You Rent Your House or Sell It? Kim Sherman | February 6, 2023 | 2:56 PM CST If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and […]