The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the … [Read more...] about Home Prices: What Happened in 2020? What Will Happen This Year?

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. … [Read more...] about What Are the Benefits of a 20% Down Payment?

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last … [Read more...] about It’s a Sellers’ Market [INFOGRAPHIC]

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually … [Read more...] about Are There Going to Be More Homes to Buy This Year?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home … [Read more...] about How Much Leverage Do Today’s House Sellers Have?

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of … [Read more...] about The Reason Mortgage Rates Are Projected to Increase and What It Means for You

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed … [Read more...] about Where Have All the Houses Gone?

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today … [Read more...] about Home Mortgage Rates by Decade [INFOGRAPHIC]