by Jhon Quintero | Oct 1, 2024 | Affordability, Buyers, Home Prices, Mortgage Rates
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has...
by Jhon Quintero | Sep 16, 2024 | Buyers, Buying Tips, Inventory, Mortgage Rates
A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around...
by Jhon Quintero | Sep 2, 2024 | Buyers, Buying Tips
If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you. Here’s some information that could help you make your decision. What Is a 55+ Community? It’s important to note that these communities aren’t...
by Jhon Quintero | Jul 22, 2024 | Affordability, Buyers, Buying Tips
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually...
by Jhon Quintero | Jun 13, 2024 | Buyers, Inventory
You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know....
by Jhon Quintero | Jun 12, 2024 | Buyers, Home Prices, Sellers
If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at this time, and...
