If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you're considering buying a home. It’s important to understand the context of ... » Learn More about Foreclosure Numbers Today Aren’t Like 2008
General Real Estate Information
Explaining Today’s Mortgage Rates
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, ... » Learn More about Explaining Today’s Mortgage Rates
Home Prices Are Rebounding
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. If we take a year-over-year view, home prices ... » Learn More about Home Prices Are Rebounding
Lending Standards Are Not Like They Were Leading Up to the Crash
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage ... » Learn More about Lending Standards Are Not Like They Were Leading Up to the Crash
Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) released its latest Existing Home Sales (EHS) report. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, ... » Learn More about Why the Median Home Price Is Meaningless in Today’s Market