Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As t

Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve be

  There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determin

  The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position

  As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the ho

According to the experts, while we may see slight depreciation this year, home prices are expected to grow over the next five years. If you’re ready to become a homeowner, know that buying today can set you up for long-term success as home values (and your own net worth) are projected to grow. Consi

Current homeowners are holding onto substantial equity despite recent easing in home price appreciation. As a homeowner, you probably have experienced an increase in your net worth in recent years due to rising home prices. This has major implications for you, even as the market moderates. Housing I

Selling your home can be a complex process, especially in today's market. That's why it's important to work with a professional who understands the ins and outs of the industry. Here are five reasons why hiring a real estate advisor can help you get the most out of your sale, with insights from expe

Mortgage rates have been on the rise in recent weeks after falling over the winter. This has led to concerns among potential homebuyers about affordability, especially as home prices have also been increasing. If you are planning to buy a home this year, you may be wondering if now is the right time

One of the biggest hurdles in the housing market right now is the limited availability of homes for sale. Chief Economist at First American, Mark Fleming, outlines two primary reasons for this lack of supply in today’s real estate market. According to Fleming: “Two dynamics are keeping existing-home

  Summarize It For Me, Sam! One of the main obstacles facing the housing market in Maine is the limited supply of available homes relative to the high demand from prospective buyers. Although the number of houses for sale has increased compared to last year, it remains below pre-pandemic levels. As

As the housing market gears up for spring, many people are concerned about the recent changes in home prices. With so much confusing data and misleading headlines, it can be hard to navigate the market. However, Nataliya Polkovnichenko, Ph.D., Supervisory Economist at the Federal Housing Finance Age