Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home
As Mortgage Rates Rise, Brokers Urge Calm
Rates go up and down. One broker expects a slow rise in part to world events, and then a slow fall. And when rates fall, today’s buyers “will go back to refinancing.” DOVER, Del. – Chris Moore has brokered mortgages for
Florida Lawmakers Pass Property Insurance & Condo Safety Reforms
In a special session this week, the Florida Legislature passed a roster of bills to ease problems in the state’s insurance market, including SB 2D, which Florida Realtors heavily supported. Lawmakers also took steps to improve the safety of condo
What Does As-Is Mean for Buyers?
If you’re looking for a new home, you might see some listings being marketed with the term “as-is.” When a home is sold as-is, it’s appealing from the seller's perspective because they don’t have to put time or money into
How to Approach Rising Mortgage Rates as a Buyer
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though
Housing Prices Continue To Rise – Will We See Another Bubble?
Opinion: Housing prices are still surging, but a bubble doesn’t seem likely PUBLISHED THU, MAR 31 20221:29 PM EDTUPDATED FRI, APR 1 20226:16 PM EDT Michael K. Farr and Keith B. Davis Last week we learned that housing prices grew rapidly yet again
How to Win as a Buyer in Today’s Overheated Market
Prices are up, inventory is down, and many buyers are feeling desperate. Here’s how to navigate the homebuying game right now. Since the pandemic began, 50 million people like me have either shopped for a house or attempted to purchase one,