People Are Still Moving, Even with Today’s Affordability Challenges
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
Older Condo Woes Make it Harder to Buy/Sell Units
Buyers in some older condos can’t get traditional financing because the associations have made insurance trade-offs as they deal with higher expenses.
NAR Issues 2024 Real Estate Forecast
Economist Lawrence Yun predicts that home sales will rise by 15% next year, and by spring, mortgage rates will hover in the 6% to 7% range.
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