Should I Sell My House Before The Holidays?
Published: June 09, 2023 By: Keeping Current Matters As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size […]
Home Price Forecasts For 2023
Published: June 08, 2023 | By: Keeping Current Matters As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing […]
How Recessions Impact the Housing Market?
Published: June 07, 2023 | By: Keeping Current Matters Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be […]
Keys To Success For First-Time Homebuyers
Published: June 05, 2023 | By: Keeping Current Matters Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors […]
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off Published: June 05, 2023 | By: Keeping Current Matters Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have […]
The Best Time To Sell Your House Is When Others Aren’t Selling
Published: June 05, 2023 | By: Keeping Current Matters If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed […]
Why Today’s Housing Market Is Not About To Crash
Published: June 04, 2023 | By: Keeping Current Matters 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 data […]
Powerful Job Market Fuels Homebuyer Demand
Published: June 04, 2023 | By: Keeping Current Matter The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest Showing Time Showing Index, […]
Understanding FIRPTA – Foreign Investment in Real Property Tax Act
https://youtu.be/ovXXFcFpKZ0 Published: June 04, 2023 | By: Chicago Title FIRPTA (Foreign Investment in Real Property Tax) is a tax law passed in 1981 that requires buyers to withhold payments to sellers on U.S. real estate unless an exception applies. The duty is on the buyer (and not the settlement agent) to deduct and remit […]
State Farm Ends Home Insurance Sales In California
Published: June 1, 2023 | By: WRE News State Farm General Insurance Co. has ceased accepting new applications in California for business and personal lines property and casualty insurance, effective May 27. In an unattributed press statement, the company said it “made this decision due to historic increases in construction costs outpacing inflation, rapidly […]