by Carole Hiu Miller | May 15, 2023 | Buyer & Seller, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by Carole Hiu Miller | May 12, 2023 | Buyer & Seller, Housing Market Updates, Infographic
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by Carole Hiu Miller | May 9, 2023 | Buyer & Seller, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the...
by Carole Hiu Miller | Apr 5, 2023 | Buyer & Seller, Housing Market Updates
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to...
by Carole Hiu Miller | Mar 14, 2023 | Buyer & Seller, Buying Myths, First Time Home Buyers
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing...
by Carole Hiu Miller | Feb 22, 2023 | Baby Boomer, Buyer & Seller, Demographics
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research...
