Housing Inventory Still Below Pre-Pandemic Levels

Housing Inventory Still Below Pre-Pandemic Levels The housing market has experienced a significant shift, with active inventory increasing by 30% from April 2023 to April 2024, according to Realtor.com. Despite this boost, current inventory levels are still 35% below the pre-pandemic figures of April 2019. This limited recovery is influenced...

Why Should I Sell My House “As Is”?

Why Should I Sell My House "As Is"? Selling a house "as is" can be a strategic decision for homeowners looking to simplify the selling process and potentially save time and money on repairs and upgrades.   When a property is sold "as is," the seller is essentially indicating that...

How is a Short Sale Different from Foreclosure?

How is a Short Sale Different from Foreclosure? Short sale and foreclosure are both options available to homeowners facing financial distress and struggling to meet mortgage payments, but they represent two distinct processes with different implications for homeowners and lenders. A short sale occurs when a homeowner sells their property...

Divorcing? Sell Your House to a Cash Buyer

Divorcing? Sell Your House to a Cash Buyer Divorcing? Sell Your House to a Cash Buyer. Selling a house for cash after a divorce can offer several advantages that may appeal to individuals navigating the complexities of ending a marriage. While traditional real estate transactions involve securing a mortgage and...

The Difference Between Short Sale and Foreclosure

The Difference Between Short Sale and Foreclosure The terms "short sale" and "foreclosure" are often associated with distressed real estate transactions, but they represent two distinct processes that homeowners may face when they are unable to meet their mortgage obligations. Short Sale A short sale occurs when a homeowner is...

Simple Guide on How to Sell Your House for Cash

Simple Guide on How to Sell Your House for Cash Selling a house for cash can be a swift and efficient way to close a real estate transaction. Here's a simple guide on how to navigate this process successfully. Firstly, prepare your property meticulously. Clean, declutter, and make necessary repairs...

US Mortgage Rates Rise for Third Consecutive Week

US Mortgage Rates Rise for Third Consecutive Week, Hover Just Below 7% In the week ending August 10, US mortgage rates experienced their third consecutive weekly increase, reaching an average of 6.96%. This marks a slight jump from the previous week's average of 6.90%, according to data from Freddie Mac....

THE LATEST HOUSING MARKET UPDATE: 2023

In order to better understand the current Real Estate situation, we need to go after data from the major indicators of the industry. 2023 has been a wild ride for home owners and the fed recent announcements might not solve the mid-long terms real issues. Let's go over some major...

When Will the Next Housing Market Crash Happen?

When will the Next Housing Market Crash Happen? The latest news regarding the housing market shows that the median U.S. home sale price decreased by 3.3% in March to $400,528, marking the largest year-over-year drop since 2012, according to Redfin. However, it should be noted that this is only the...

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