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Mortgage Rate Dip Sparks Biggest Jump in Pending Home Sales Since 2023

Homebuyers across the U.S. surged back into the real estate market in March, taking advantage of falling mortgage rates and fueling the largest jump in pending home sales in over a year. According to the National Association of Realtors (NAR), the Pending Home Sales Index—which tracks contract signings on previously owned homes—rose sharply by 6.1% in March to a reading of 76.5. That’s the biggest...

How to Upgrade Smart Without Overdoing A Renovation

It’s natural to want your home to reflect your personal taste, lifestyle, and comfort—but is it possible to make your house too nice? If you're planning to sell in the near future, the answer is yes. Renovating a home is exciting, but not every update is financially savvy. While some projects increase your property value, others may actually cost you more than they’re worth. Knowing where to draw...

Spring 2025 Brings Hope for Homebuyers as Market Shifts in Their Favor

The U.S. housing market is beginning to favor buyers for the first time in years, marking a significant shift after a long period of seller dominance. According to real estate experts, spring 2025 is shaping up to be the most buyer-friendly season since the COVID-19 pandemic disrupted the industry. Realtor.com’s senior economist Joel Berner says the current market conditions are encouraging for...

Answers to Recession Housing Questions

The economic news cycle is buzzing with signs of a potential recession—rising tariffs, talks of a trade war, and unpredictable stock market activity. Amid the uncertainty, mortgage rates have seen a slight dip, prompting some prospective homebuyers to wonder if a downturn could bring benefits like more affordable interest rates and lower home prices. Having spent over two decades in real estate,...

Affordable Home Upgrades That Boost Value

Improving your home’s value does not have to come with a hefty price tag. With just $1,000, you can make impactful changes that enhance its appeal and marketability. Real estate and home improvement experts suggest focusing on strategic upgrades that deliver the best return on investment. Fresh Paint for a Timeless Look A fresh coat of paint is one of the most cost-effective ways to transform a...

A Guide to Smart Timing When It Comes to Buying a Home

When it comes to buying a home, location often takes center stage. However, timing can be just as crucial in securing the right deal. Knowing when to start shopping can influence everything from the number of options available to the price you pay.  The best time to buy a house depends on individual priorities. Some buyers may prioritize affordability, while others may be looking for a wider selection...

U.S. Housing Market Shows Signs of Stability Amid Persistent Challenges

The U.S. housing market saw a modest recovery in the final months of 2024, as existing home sales climbed for the third consecutive month. According to the National Association of Realtors (NAR), contract closings for existing homes in December increased by 2.2% to an annualized rate of 4.24 million, marking the highest level since February. This growth suggests that both buyers and sellers are...

A Guide to Selling Your Home in 2025

Navigating today’s real estate market can be a challenge, with fluctuating mortgage rates, limited inventory, and competitive conditions making the process more complex than ever. While the market has favored sellers in recent years, 2025 is shaping up to be a transition period where flexibility and preparation are key. If you’re planning to sell your home this year—especially for the first...

What To Expect This Year for the 2025 Housing Market Outlook

The housing market in 2025 is shaping up to be more favorable than much of 2024, thanks to improving mortgage rates and increasing inventory levels. However, uncertainty still looms due to rising home prices, slowing construction, and the unpredictable effects of the presidential election. Factors such as mortgage rates, housing inventory, and market demand will continue to define housing affordability...

Pending Home Sales Surge as Buyers Adapt to High Mortgage Rates

Pending home sales in the U.S. showed significant growth in November, climbing 6.9% compared to the same period last year and marking the fourth consecutive month of gains. Regionally, the Midwest, South, and West experienced monthly increases, while the Northeast saw a slight decline in contract signings. Nevertheless, all four regions posted annual gains. According to the National Association of Realtors...

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