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Category: Luxury / Vacation
Spend about 5 minutes online searching for news about the housing market, and odds are you’ll see something pop up about home prices.
There’s a lot of noise out there right now about investors in the housing market.
That kitchen you’ve been mentally redesigning…The bathroom that really needs a refresh…Or the outdoor space you keep saying you’ll get to someday…
For the past few years, affordability has been what’s stopped a lot of buyers in their tracks. Maybe it stopped you, too.
You may have seen headlines on social saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017.
Foreclosures are ticking up. And that may make your mind jump straight to thoughts of 2008 – specifically to what happened to the market during the housing crash.
Online searches for “can’t sell house” just hit an all-time high according to Google Trends.
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range.