by David Floyd | Jan 31, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.Now, however, rates are beginning to come...
by David Floyd | Jan 30, 2023 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.In today’s market, it makes sense to explore all your options. That includes both homes that have...
![Homeownership Builds Your Wealth over Time [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2023/01/Homeownership-Builds-Your-Wealth-In-The-Over-Time-KCM-Share.png)
by David Floyd | Jan 27, 2023 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...
by David Floyd | Jan 26, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...
by David Floyd | Jan 25, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices...
by David Floyd | Jan 24, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
by David Floyd | Jan 23, 2023 | For Sellers, Pricing, Selling Myths
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:“. . . some of...
![What’s Really Happening with Home Prices? [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2023/01/Whats-Really-Happening-With-Home-Prices-KCM-Share.png)
by David Floyd | Jan 20, 2023 | For Sellers, Housing Market Updates, Infographics, Pricing
Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home...
by David Floyd | Jan 18, 2023 | For Buyers, For Sellers, Pricing
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened...
by David Floyd | Jan 17, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
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