A Seller's Market: What Does It Mean For Homeowners?
You may have heard the term "seller's market" before but what does it really mean? In short, a seller's market is when there are more buyers than there are homes for sale. This can be caused by a number of factors such as population growth, low interest rates, or a limited supply of housing. A sell
Unpacking the Long-Term Benefits of Homeownership
If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there's more to consider. You should think about the long-term ben
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Explaining Today’s Low Housing Supply [INFOGRAPHIC]
Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real estate agents know exactly wher
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