Renting vs. Buying a Home: 55 Pros and Cons
It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or a townhouse for that matter…… Read More »Renting vs. Buying a Home: 55 Pros and Cons
Housing Market
Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crash is right around the corner.
Hint: It probably isn’t for a while, at least with regard to home prices. Though you could argue there’s a major affordability crisis at the moment.
In short, a lack of for-sale supply continues to plague the housing market.
This absence of inventory has resulted in record high home prices, despite a surge in mortgage rates from the 2-3% range to 7% and higher.
And it’s probably hurting first-time home buyers the most, whether it’s an affordability issue or the inability to find a property.
At the same time, home sellers remain in a good spot due to this lack of supply and still relatively strong demand.
The problem for them might be finding a suitable replacement property.
Buying a Home in 2025? Supply Is Finally Rising and Some Are Calling It a Buyer’s Market. Here Are 11 Tips to Help Make It Happen!
If you’ve yet to enter the housing market, but are thinking of buying a home in 2025, there’s a lot you need to know. The… Read More »Buying a Home in 2025? Supply Is Finally Rising and Some Are Calling It a Buyer’s Market. Here Are 11 Tips to Help Make It Happen!
Housing Inventory Expected to Normalize by Mid-2026
It’s no secret for-sale inventory has been in short supply for a long time now, making it increasingly difficult to find your dream home. The… Read More »Housing Inventory Expected to Normalize by Mid-2026
Home Builders Urge Trump to Rethink Tariffs That Could Drive Home Prices Up Further
If you haven’t heard, the Trump administration imposed tariffs on imports from Mexico, Canada, and China today. As of February 1st, there is a 25%… Read More »Home Builders Urge Trump to Rethink Tariffs That Could Drive Home Prices Up Further
Existing Home Sales Fall to Lowest Level Since 1995
To say it’s been a bad 12 months for home sales would be a massive understatement. Today, the National Association of Realtors (NAR) reported that… Read More »Existing Home Sales Fall to Lowest Level Since 1995
Should You Drive Until You Qualify for a Mortgage?
In the mortgage/real estate world there’s a saying: “Drive until you qualify.” It’s a cute way of saying if you can’t afford a home in… Read More »Should You Drive Until You Qualify for a Mortgage?
One Major Reason Why the Housing Market Is Much Better Off Than It Used to Be
With home prices out of reach for many and affordability the worst it’s been in decades, a lot of folks are talking about another housing… Read More »One Major Reason Why the Housing Market Is Much Better Off Than It Used to Be
If You’re Serious About Selling Your Home, List Below the Zestimate
Recently, I’ve encountered two very different types of for-sale listings in the market. There are the properties that go pending in about a week, essentially… Read More »If You’re Serious About Selling Your Home, List Below the Zestimate
Don’t Attempt to Time the Housing Market
It’s a tale as old as time. Someone attempts to time the market, only to fail miserably. Then they either miss out completely, or chase… Read More »Don’t Attempt to Time the Housing Market
Is This Housing Market Cycle Just Getting Started?
I sometimes wonder with so little equity extracted this cycle if it’s still early innings for the housing market. At least in terms of the… Read More »Is This Housing Market Cycle Just Getting Started?