While it is possible to earn money in these types of deals, the odds are highly against you. read more
Home prices are rising in many U.S. markets, but headwinds from winter storms, tight inventory, tough credit standards, and rising mortgage interest rates continue to hold back sales. read more
Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five reasons purchasers should consider buying before the spring market arrives:
Supply Is Shrinking
With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. There are buyers in more and more markets surprised that there is no longer a large assortment of houses to choose from. The best homes in the best locations sell first. Don’t miss the opportunity to get that ‘once-in-a-lifetime’ buy.
Price Increases Are on the Horizon read more
Fannie Mae borrowers who have refinanced through the Home Affordable Refinance Program (HARP) have saved an average of $82 per week on their mortgage payments. read more
What does it mean when a Realtor does a market analysis on a property? Today’s question comes from Stockbridge, MI. Q: I have never sold a house before, I have… (Read More)The post What Is A Market Analysis? appeared first on realtor.com® blog. read more