Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says: “As we…
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what…
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In…
Q.ai – Powering a Personal Wealth Movement Contributor Making wealth creation easy, accessible and transparent. Key Takeaways *Just because there’s a recession doesn’t necessarily mean rent prices go down. In fact, during the 2008 recession, it was the exact opposite. *In the current rental market, we have seen the…
If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the…
WRITTEN BY STEVEN THOMAS HOUSING DATA ILLUSTRATES THAT THERE IS NOT A HOUSING CRASH ON THE HORIZON DESPITE THE CURRENT SLOWDOWN AND HOME VALUES FALLING. NOT THE GREAT RECESSION WITH A VERY LIMITED INVENTORY OF AVAILABLE HOMES COUPLED WITH OVER A DECADE OF TIGHT LENDING STANDARDS, HOUSING VALUES WILL NOT NOSEDIVE LIKE THEY DID DURING…
