
Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders.
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Ryan Serhant, CEO of SERHANT, says there isn’t just 1 housing market right now. There are really 4: cash buyers, buyers who need a mortgage, homeowners with low mortgage rates, and builders.
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Here’s something most homebuyers don’t think about. When the housing market slows down, homeowners and builders don’t always respond the same way.
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When mortgage rates climb, buying a home can start to feel like trying to hit a moving target. Every jump in rates makes monthly payments bigger, and that pushes a lot of buyers to look for another way in.
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Selling your house is a big step, and you want it to go smoothly. And with houses taking a little longer to sell these days, renting it out might start to sound like a nice backup plan.
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Whether you own a house already or you’re looking to buy one, you probably care about home prices.
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When you picture buying your first home, chances are you’re imagining a traditional single-family house with its own yard, maybe a garage, and little extra room to grow. But with affordability still tight, getting everything on that list right away may come with a higher price tag than you’re comfortable with right now.
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What’s the biggest payment you make every month? If you’re a renter, it’s probably your rent.
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If you’ve seen headlines saying home sales are slowing down, you may be wondering: is this really a good time to sell?
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Mortgage rates being back above 7% isn’t exactly the news most people wanted. But it’s changing the market in ways that matter whether you’re buying or selling.
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With everything going on, it’s understandable if you’re wondering if you’d regret buying right now.
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