Rich's Blog

How Co-Buying a Home Helps with Affordability Today Buying a home in today’s market can feel like an uphill battle – especially with home prices and mortgage rates putting pressure on your budget. If you’re feeling stuck, co-buying could be one way to help you get your foot in the door. Freddie Mac says: “If you are an aspiring homeowner, buying a […]

Should You Sell Your House As-Is or Make Repairs? A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead (see chart below): If you’re feeling stressed because […]

Mortgage Rate Volatility, What’s Behind it? What’s Causing Today’s Mortgage Rate Swings? If you’ve been tracking mortgage rates, you’ve probably noticed how much they’re has been Mortgage Rate Volatility. One day they climb, and the next they drop. Why all the ups and downs? Let’s explore the key reasons behind this volatility and what it […]

Investors Buying Homes – It Really is a Small Percentage? Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street […]

Don’t Let These Two Seller Concerns Hold You Back from Selling Your House If you’re debating whether or not you want to sell right now you may have the same two seller concerns as many owners. It might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re […]

Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at […]

Should You Sell or Rent Your House? When you’re ready to move, figuring out what to do with your house is a big decision, should you sell or rent your house? And today, more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers thought about renting their […]

As a real estate professional, it’s key to understand how different market metrics connect. Right now, the Months Supply of Inventory is 1.26, which points to a seller’s market where demand is higher than supply. This low inventory increases competition among buyers, often pushing prices up. The 26% rise in Months of Inventory over the […]

More Homes, Slower Price Growth – What It Means for You as a Buyer There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why. You Have More Options To […]