The fact that residential home prices are increasing substantially in most regions of the country is thrilling to homeowners, and many of them are taking this opportunity to put their houses on the market. Active buyers are creating real demand in a variety of markets, and lots of homes are moving quickly. However, if […]

This time of year, in every region of the country, hundreds and even thousands of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), list it For Sale by Owner (FSBO), list it […]

Between Friday of last week and Monday morning, interest rates rose a quarter of a point. Will they stay higher? I don't know. But when mortgage interest rates begin to climb, experts immediately begin to discuss home affordability indexes. They calculate how an increase in rates will slow home purchases as more and more potential buyers are […]

The inaugural Opportunity Cost Report was released recently by realtor.com. The report explained that “with interest rates and home prices expected to climb in the next year, the financial penalties of delaying or forgoing a home purchase in today's market have become very steep”. The report estimates that, based on today's dollars, the average purchaser would accumulate $217,726 […]