Many individuals and businesses are keenly anticipating the next Fed meeting on interest rates. Scheduled for September 18, 2024, the next Federal Open Market Committee (FOMC) meeting holds significant importance as policymakers assess the economic landscape and adjust monetary policies
Fed Interest Rate Cut Can Save You Hundreds of Dollars Per Month
Imagine waking up one morning and realizing you could save hundreds of dollars each month, all because of a decision made by a group of financial experts! This is not just a dream, but a real possibility as we look ahead to
Housing Market Predictions for the Next 4 Years: 2024 to 2028
As we look toward the future, experts predict a significant evolution in the housing market, particularly regarding home prices. The latest insights from Fannie Mae’s Home Price Expectations Survey (HPES) reveal an intriguing landscape for homeowners and investors alike. This survey, which
Housing Market in 10 Years: Game-Changing Predictions for 2034
As we stand on the precipice of a new decade, the housing market in 10 years promises to be a landscape shaped by technological innovation, demographic shifts, and evolving economic factors. By 2034, the real estate sector will likely have undergone significant transformations,
Today’s Homebuyers Report
INTRODUCTION In recent years, connection to community has felt out of reach for various reasons – and the lack of it has reached a new level of urgency. In 2023, the U.S. Surgeon General released a report on America’s “loneliness
Seattle Housing Market Forecast 2025: What to Expect
When considering real estate investment, understanding the Seattle housing market forecast 2025 serves as a vital compass in navigating this complex terrain. As we move deeper into 2024, Seattle’s housing market showcases intriguing trends that could profoundly impact buyers, sellers, and investors
Hispanic Homebuyers Report
Introduction Hispanic and other underrepresented homebuyers can often face various obstacles in their path toward homeownership. Despite that, Hispanic homebuyers are a major force in the housing market1: studies suggest that by 2040, 70% of net new homeowners will be
Housing Market is Predicted to Sustain Historical Average Growth in 2025
Imagine the hustle and bustle of a busy city where people are always on the move, especially when it comes to buying homes. Goldman Sachs predicts home prices to rise more than 4% in 2024 and 2025, a projection that many
Rate drops, more inventory add intrigue to housing ‘offseason’
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Affordable renter-friendly home improvements that add value
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Sellers lose their advantage, but lower rates may revive housing market competition
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One-third of property managers are offering concessions as rental market cools
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Luxury home values are rising faster than typical homes for the first time in years
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A $1 million starter home? It’s the norm in 237 cities
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Top 10 No-Demo Renovation Projects of 2024
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Nearly 1 in 4 sellers cut home prices as inventory grows
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Rents are growing fastest in unexpected places, led by Hartford and Cleveland
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Real estate mailers: The ultimate guide for 2024
Real estate mailers aren’t dead — far from it. With so many agents focused on digital marketing, mailers can help you stand out from the crowd to attract new leads, increase brand awareness, generate more referrals, and ultimately close more
Is mortgage demand really picking up?
Are we seeing the start of a market shift in mortgage demand? Notably, mortgage rates have been gradually declining, and we’ve observed back-to-back positive weeks in purchase application data for the first time since mid-March. While I typically prefer to
FHFA grants conditional approval for Freddie Mac second mortgage pilot
The Federal Housing Finance Agency (FHFA) on Friday announced that it has given conditional approval for Freddie Mac to begin purchasing closed-end second mortgages through a pilot program. The pilot program includes several limitations to the types of loans the
Why are home prices at all-time highs with more inventory?
Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows. However, I can clear up any confusion on this topic.
Could aging in place be ‘a poor long-term decision?’
In survey after survey in which Americans are asked about their preferred living situations in retirement, recent data is clear — they want to age in place in their current homes and remain in the familiar environs of their house
Montana aims to remind seniors about its ‘reverse annuity mortgage’
The Montana Board of Housing is aiming to remind the state’s seniors about a government-administered program that is specifically designed to help older adults access their home’s equity — and it should be very familiar to members of the reverse
HUD offers new disaster relief in Hawaii following Biden executive order
The U.S. Department of Housing and Urban Development (HUD) on Friday announced a new round of disaster relief in the state of Hawaii that is targeted for the island of Kauai following severe storms, flooding and landslides that took place