Housing’s Summer Market has arrived, and with it comes an increase in inventory, a slight decrease in demand, and a rise in the market time.

Last July, month-over-month prices started to decline. But around February this year, they started climbing back up.

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Real Estate Planning Month.

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity?

From YouTube to TikTok to the Backyard Barbecue, there are plenty of narratives regarding pending doom for housing that the underlying data does not support.

It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.

Since inflation has raised the cost of goods, it may make sense to look for an energy-efficient home or make your current home greener.

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.

With the number of available homes to purchase at extremely low levels, there simply are too many buyers competing against each other despite high mortgage rates.

A Seller’s Market …when the Expected Market Time drops below 40 days, the housing market leans heavily in favor of sellers.

Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs.

Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at the national level.

Before the collapse of Silicon Valley Bank, Signature Bank, and Silver Bank in March, mortgage rates were just above 7%. Since then, rates have fallen…

Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks.

Low Supply and Multiple Bids

Market Times have dropped like a rock since the start of the year, squeezed by not enough sellers.

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

In OC, both Supply and Demand are decreasing; however, Supply is decreasing faster than Demand, leaving homes on the market for about 40 days. At the beginning of March, there were just 2,218 homes on the market. That number before Covid is usually around 5,100.

When it comes to listing their home, most home Sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple.

Lack of FOR-SALE Signs in the past few years, there has been a severe inventory crisis initially instigated by the pandemic and now due to the high mortgage rate environment. Since the pandemic, there have not been enough homes available, and 2023 is no different.