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.

Some Highlights: If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.

Over the past year, home prices have been a widely debated topic. 

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. 

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

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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.

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Breaking News! RealTrends 500 released an early preview of its 2023 rankings and eXp Realty is now No. 1 in transaction sides!

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The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low...

Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.