How the Federal Reserve’s Next Move Could Impact the Housing Market
As we enter September, all the attention is on the upcoming meeting of the Federal Reserve (the Fed). Most experts expect that the Fed will reduce the Federal Funds Rate. This expectation is due to recent signs of cooling inflation and a slowdown in the job market. According to Mark Zandi, Chief Economist at Moody’s Analytics: But what does this mean for […]
What Mortgage Rate Are You Waiting For?
You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that […]
What Credit Score Do You Really Need To Buy a House?
When you’re thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says: “Good credit scores communicate to […]
How Affordability and Remote Work Are Changing Where People Live
There’s an interesting trend happening in the housing market: people are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates, combined with continually rising home prices, mean it’s tough for a lot of people to afford a home […]
Why Working with a Real Estate Professional Is Crucial Right Now
Navigating the housing market can be tricky, especially these days. That’s why having an experienced guide when buying or selling a home is so important. The market isn’t exactly straightforward right now, and working with a real estate expert can offer insights and advice that make all the difference. While today’s market conditions might seem confusing or overwhelming, you don’t have […]
Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008
Even if you didn’t own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then. As Business Insider says: “Though […]
Cultural Awareness in Real Estate Deals
Buying or selling a property is a significant milestone in anyone’s life, and for many, it is also a complex and stressful process. When dealing with real estate transactions involving individuals from different cultural backgrounds, some unique challenges and nuances must be navigated with sensitivity and understanding. Cultural differences can manifest in various ways during […]
What To Do When Your House Didn’t Sell
If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment. And as you’re working through that, you’re probably also wondering what went wrong and what you should do next. If you still need to move and want to get it back on the market, here are […]
How Long Will It Take To Sell My House?
Vacaville Home Sellers: Beat the Competition and Sell Your Home Fast! Thinking about selling your Vacaville home? The market is heating up, which is great news for buyers, but it also means you’ve got competition. If your home doesn’t stand out, it might take longer to sell. The Growing Supply of Homes in Vacaville Over […]
Do Elections Impact the Housing Market?
The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans. Historically, Presidential […]
