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If you’re following the
news today, you may feel a bit unsure about what’s happening with home prices
and fear whether or not the worst is yet to come. That’s because today’s
headlines are painting an unnecessarily negative picture. Contrary to those
headlines, home…
The spring homebuying
season is off to a slow start as shoppers find limited options on the market.
“The lack of housing inventory is a major constraint to rising sales,” says NAR
Chief Economist Lawrence Yun. But buyer interest is still evident: “Multiple
offers are…
Even though home
prices have moderated over the last year, many homeowners still have an
incredible amount of equity. But what is equity? In the simplest terms, equity
is the difference between the market value of your home and the amount you owe
on your…