Homeowners Gained $28K in Equity over the Past Year

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you're building equity much faster than you might think. Here’s how it works. Equity is the current value of your home minus what you owe on the loan. Over the past year, there

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Should a Buyer Wait for Interest Rates to Drop from 6.5% to 5.5%?

The decision to wait for interest rates to drop from 6.5% to 5.5% while home values are increasing by 4%-5% (or more) per year is a nuanced one. In this blog, we'll explore the potential advantages and disadvantages of waiting, considering the current market dynamics and the possible future scenario

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Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

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 forecasts from seven of the most

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