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Why Median Home Sales Price Is Confusing Right Now

August 21, 2023 by Megan Gullotta

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home ... » Learn More about Why Median Home Sales Price Is Confusing Right Now

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

August 18, 2023 by Megan Gullotta

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be ... » Learn More about Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

People Want Less Expensive Homes – And Builders Are Responding

August 17, 2023 by Megan Gullotta

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less ... » Learn More about People Want Less Expensive Homes – And Builders Are Responding

Don’t Expect a Flood of Foreclosures

August 16, 2023 by Megan Gullotta

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit ... » Learn More about Don’t Expect a Flood of Foreclosures

Equity Is a Game Changer for Homeowners Looking To Sell

August 15, 2023 by Megan Gullotta

If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable ... » Learn More about Equity Is a Game Changer for Homeowners Looking To Sell

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