Market Update: The Fed and Interest Rates
For the last two years, every Federal Reserve meeting has been closely watched. Historically high rates—particularly mortgage rates have everyone hoping for rate cuts that will trickle down to the mortgage market. We know you want to be informed. We’ve compiled this quick update to help! Let’s take a look at the current situation, what […]
Are More Homes Coming onto the Market?
When you’re thinking of selling your home, real estate inventory really matters! The principles of supply and demand say that your home is more likely to sell quickly (for the price you want) when there are fewer homes on the market. Right now, housing inventory is low. Are more homes going to be listed soon, […]
Trend Alert: Smaller and More Affordable Home on the Rise
Housing affordability is a major issue many people are facing right now, and it’s increasing demand for smaller, more affordable homes. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), explains: “as interest rates increased in 2022, and housing affordability worsened, the demand for home size has trended lower.” If you’ve been […]
Remote Work’s Impact on the Housing Market
The way we work has shifted significantly over the past few years. COVID made remote work wildly popular, and that hasn’t changed since! Experts predict that 36.2 million Americans will be working remotely by 2025; that’s a projected increase of 417% compared to pre-pandemic statistics. When it comes to the housing market, this remote-work boom […]