Contemplating starting a home search but not quite sure where to start? While your first instinct will be to jump online and start shopping for houses, there are several more practical steps you can take to prepare for the home-buying process. Don’t get me wrong, shopping inventory is a very important and hopefully fun part of the process for you. It is important to understand different neighborhoods, styles of homes, and current price ranges to get familiar with your specific real estate market. However, there are several other factors that may impact your search and are important to understand at the beginning of your home search. Here are three things you can do to prepare yourself to buy your next home:
- Financial Assessment - Getting crystal clear on your finances will save you a...
Mortgage rates are much higher today than they were at the beginning of the year, and that's had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales.
But the transition back toward pre-pandemic levels isn't a bad thing. In fact, the years leading up to the pandemic were some of the best the housing market has seen. That's why, as the market undergoes this...
If you're thinking about making a move, you probably want to know what's going to happen to home prices for the rest of the year. While experts say ...
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it's also caused some buyers to wonder if home prices will fall. It's important to know the housing market isn't a bubble about to burst, and...
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now?
Greg McBride, Chief Financial Analyst at Bankrate, ...
If you put a pause on your home search because you weren't sure where you'd go once you sold your house, it might be a good time to get back into the market. That's because today's market is undergoing a shift, and the supply of homes for sale is increasing as a result. That...
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information.
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