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 9, 2024 | Home Prices, Inventory, Sellers
There are a number of reasons you may be thinking about selling your house. And as you weigh your options, you may find you’re unsure how you’re going to deal with one thing about today’s housing market – and that’s affordability. If that’s your biggest concern,...
by Jhon Quintero | Jul 29, 2024 | For Buyers, Home Prices
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s...
by Jhon Quintero | Jun 24, 2024 | For Buyers, Forecasts, Home Prices, Inventory, Sellers
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest...
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...
by Jhon Quintero | May 24, 2024 | Agent Value, Home Prices, Infographic
Some Highlights The asking price for your house can impact your bottom line and how quickly it sells. Both under- and overpricing have drawbacks. So to find the right price for your house, lean on your agent for their expertise. Don’t pick just any price for your...