In recent years, buying a home often meant moving fast and paying asking price (or more.) Yet this spring, buyers have more room to negotiate an offer and save in various ways.
The typical U.S. home is now middle-aged at 44 years old, the oldest on record. The goal isn’t to avoid older homes. It’s to understand what to look for, what to ask, and how to plan accordingly.
To understand today’s housing market, it helps to look at how mortgage rates have changed before, during, and after the pandemic.
After years of limited housing supply, more homes are entering the market in many areas this season. That means selling with a strategy is becoming essential.
An increasing number of properties are now listed as “coming soon,” giving buyers a sneak peek of homes before they officially hit the market.
In some places, that added housing supply is starting to tip the balance in favor of homebuyers.
Baby Boomers aren’t giving up their grip on the housing market. The generation continues to make up the largest share of homebuyers.
In more housing markets, first-time homebuyers are finding increased options, less competition, and a clearer path to ownership. These are the best markets for first-time homebuyers.
For years, the formula for increasing a home’s value seemed simple. But today’s homebuyers have a different mindset, and they’re willing to invest real money.
Just a few years ago, buying a home used to require speed. Now buyers have something they haven’t had in years: a bit more time.
Smart Moves Start Here.