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.
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 […]
The 3 Factors That Affect Home Affordability Kim Sherman | January 26, 2023 | 9:17 PM CST If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, […]
Today’s Housing Market Is Nothing Like 15 Years Ago Kim Sherman | January 17, 2022 | 4:08 PM CST There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people […]
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically.
Why It May Be Time To Add Newly Built Homes to Your Search Kim Sherman | November 19, 2022 | 6:31 PM CST If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. […]
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before.
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights.
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market.
f rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this.