As summer wraps up, homeowners often slow down their moving plans, leading to fewer homes for sale in the fall—a predictable seasonal trend in real estate. But this year brought a twist: as mortgage rates dipped, the usual fall decline in new listings took a surprising turn. Instead of seeing fewer homes for sale, more […]
If you’re considering selling your home, one of the first questions that might come to mind is, “How much will it cost?” The total cost can vary based on several factors, like the offer you accept, whether you contribute to the buyer’s closing costs, and any repairs you decide to make before listing.To help you […]
3 October 2024
Recent news has highlighted a drop in the median asking price of homes compared to last year, which might lead some to believe that overall home prices are decreasing. However, this isn’t necessarily the case, and it’s crucial to look beyond the headlines to understand the real estate market dynamics. Why National Home Values Are […]
With today’s ever-changing market, many potential homebuyers are asking themselves: Should I buy a home now, or wait? While the decision ultimately depends on your personal situation, there’s an important factor you should consider—building equity. The moment you purchase a home, you begin to build equity, and even with moderate price appreciation, that equity can […]
If you’ve been on the fence about buying a home, these lowered rates might just be what you need to improve your future monthly payments. Plus, the recent decrease is far from insignificant! Sam Khater, Chief Economist at Freddie Mac, notes, “Mortgage rates have dropped more than half a percent, reaching the lowest since February […]
If you’re wondering about current home prices and what they mean for buyers and sellers, you’re not alone. With so much information out there, it can be hard to figure out your next move. As a buyer, you might be worried about paying more than you should. If you’re thinking of selling, you might be […]
Deciding whether to sell your home can be a complex decision, influenced by more than just market conditions. At The McGuire Team, we recognize that lifestyle shifts often play a crucial role in this choice. The latest insights from the National Association of Realtors (NAR) reveal that lifestyle changes are a primary motivator for homeowners […]
If you’ve been keeping an eye on the housing market, you might have noticed a positive trend: the supply of homes for sale has seen a notable increase since the start of the year. According to recent data from Realtor.com, the number of homes actively listed for sale across the country has jumped by 36.6% compared […]
