▶ VideoOn Friday, we received data about existing home sales. There were a few things that popped out to me: Housing Prices Comparison The first data point looks at housing prices in December 2022 vs. December 2021. The numbers show that housing prices were up 2.3%. Obviously, the market has come off the highs (which happened…
▶ VideoIs right now a better time than you think to purchase a home? You’ve heard me say this many times lately, but I’m going to share the reminder: right now, there are many headlines that make it seem like a bad time to buy. But it might not be accurate. Looking at Real Estate History…
▶ Video2/1 buy downs is a topic that has been trending lately, but I still have a lot of people who are wondering what it is and why they would do it. Here’s what you need to know: What is a 2/1 Buy Down? A 2/1 buy down is what it sounds like: it means you…
▶ VideoWe’ve been talking about the real estate market a lot lately, and we are seeing the market shift quite a bit right now. There is significantly more inventory in areas, which is giving the opportunity for buyers. Finally! Is It Finally a Buyer’s Market? We always have back-and-forth trends regarding whether it’s a buyer’s market…
What is more painful than buying a home right now, even with interest rates high and housing prices going up year over year? It’s renting! Double-Digit Increases in Rent Costs We have a report on rent costs around the country. The lowest metro areas are seeing numbers in the mid-teens of increases in pricing, and…
▶ VideoIt’s been a while since I shared a video on a rent vs. buy scenario. In the real estate business, there is always a mindset: you need to live somewhere – might as well be smart with your spending. If you are going to rent or buy, then let’s look at the numbers and see…
