market shift

Ask ten real estate agents whether buyers or sellers have the advantage right now, and most will hand you the same unsatisfying answer: it depends. That's not a dodge. It's the honest read on where things actually stand.Nationally, sellers currently outnumber buyers by more than fifty-one percent, and roughly eighty percent of major U.S. markets are now leaning toward buyers. But a countrywide average...

Mortgage rates just touched their highest point in a year, and if you've been holding out for relief before making a move, there's a specific number driving that outcome that almost never gets mentioned in the headlines. Once you understand how it works, you'll see today's rate environment for what it actually is, and stop waiting on a shift that likely isn't coming anytime soon.There's also fresh data on...

Fresh national data just dropped that changes how sellers should think about pricing right now, and at first glance, it looks like bad news. Home prices are genuinely declining. But once you understand the mechanics behind that decline, it becomes something entirely different: a real opportunity for sellers who read the situation correctly, and a costly blind spot for sellers who don't. None of this is...

Picture this: your buyer’s offer gets accepted, paperwork gets signed, and for a moment it feels like the hard part is behind you. Then, a few weeks in, the lender’s appraisal comes back well under what your buyer agreed to pay, and suddenly the entire deal is up for renegotiation.This isn’t some rare fluke reserved for other people’s transactions, it’s becoming more common,...

Eighty percent. That’s the share of home sellers right now who expect to get their full asking price, or more, when they sell. When I first came across that number, it stopped me in my tracks, because the data on what’s actually happening in the market tells a very different story. I get where the expectation comes from. For a few years, that really was the market. But a lot has changed since...

Due to increasing mortgage rates, the housing market slowed down last year, which had an effect on property values. If you're considering selling your house soon, you should modify your expectations in line with that. As explained on realtor.com: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.” In a more...

In this Friday’s infographic we have a great one giving 3 reasons why now is the time to look for a new home in today’s market. Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding...

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a bad thing. In fact, the years leading up to the pandemic were some of the best the...