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The Top 3 Reasons Affordability Is Improving

October 4, 2024 by Megan Gullotta

Some HighlightsAffordability is based on three key factors: mortgage rates, home prices, and wages.And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, connect with an agent to talk about why now ... » Learn More about The Top 3 Reasons Affordability Is Improving

Home Values Rise Even as Median Prices Fall

October 3, 2024 by Megan Gullotta

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story.Nationally, ... » Learn More about Home Values Rise Even as Median Prices Fall

Secrets To Selling Your House Quickly

October 2, 2024 by Megan Gullotta

Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today.According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see ... » Learn More about Secrets To Selling Your House Quickly

This Is the Sweet Spot Homebuyers Have Been Waiting For

October 1, 2024 by Megan Gullotta

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long.So, if you’ve put ... » Learn More about This Is the Sweet Spot Homebuyers Have Been Waiting For

Buying Beats Renting in 22 Major U.S. Cities

September 30, 2024 by Megan Gullotta

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has ... » Learn More about Buying Beats Renting in 22 Major U.S. Cities

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