• 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

    2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers,Christel Novella

    If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph b

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  • 3 Keys To Hitting Your Homeownership Goals in 2024

    3 Keys To Hitting Your Homeownership Goals in 2024,Christel Novella

    If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on

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  • Experts Project Home Prices Will Rise over the Next 5 Years

    Experts Project Home Prices Will Rise over the Next 5 Years,Christel Novella

    Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 mo

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  • Home Prices Still Growing – Just at a More Normal Pace

    Home Prices Still Growing – Just at a More Normal Pace,Christel Novella

    If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from so

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  • Are There Actually More Homes for Sale Right Now?

    Are There Actually More Homes for Sale Right Now?,Christel Novella

    If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. T

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  • Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?

    Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?,Christel Novella

    This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year.But the truth is, many buyers want to purchase a home for the holidays, and you

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  • 2024 Housing Market Forecast [INFOGRAPHIC]

    2024 Housing Market Forecast [INFOGRAPHIC],Christel Novella

    Some HighlightsThinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment.Plus, home sales are projected to i

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  • People Are Still Moving, Even with Today’s Affordability Challenges

    People Are Still Moving, Even with Today’s Affordability Challenges,Christel Novella

    If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability s

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  • The Latest 2024 Housing Market Forecast

    The Latest 2024 Housing Market Forecast,Christel Novella

    The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what's ahead for the housing market. Spoiler alert: the project

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  • These Top Cities Show Home Prices Are Still Climbing

    These Top Cities Show Home Prices Are Still Climbing,Christel Novella

    If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know.There’s still a lot of confusion and misinformation out there. So, no matter what you may

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  • The True Cost of Selling Your House on Your Own

    The True Cost of Selling Your House on Your Own,Christel Novella

    Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what

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  • A Drop in Equity Doesn't Mean Low Equity

    A Drop in Equity Doesn't Mean Low Equity,Christel Novella

    You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recentl

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  • The Best Time To Sell Your House Is When Others Aren’t Selling

    The Best Time To Sell Your House Is When Others Aren’t Selling,Christel Novella

    If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes

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  • A Smaller Home Could Be Your Best Option

    A Smaller Home Could Be Your Best Option,Christel Novella

    Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association

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