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.
Some Highlights
Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now
Have you been saving up to buy a home this year?
Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low.
The Mandarin version of the magazine is here
The spring season appears to be warming up in housing as more and more buyers enter the market.
Check out the spanish version of the magazine here
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home.
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.
Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.