The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report today. 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 prices are ... » Learn More about Why Median Home Sales Price Is Confusing Right Now
buying a home
Momentum Is Building for New Home Construction
If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built ... » Learn More about Momentum Is Building for New Home Construction
Explaining Today’s Mortgage Rates
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically ... » Learn More about Explaining Today’s Mortgage Rates
Owning Your Home Helps You Build Wealth
You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time. Homeownership ... » Learn More about Owning Your Home Helps You Build Wealth
Renting or Selling Your House: What’s the Best Move?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent ... » Learn More about Renting or Selling Your House: What’s the Best Move?