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In today’s housing market, it seems like the traditional “what goes up must come down” doesn’t apply. After a brief cooldown last year, home prices are once again on a soaring trajectory, defying expectations, and all this despite record-high mortgage rates, currently averaging 7.49% for a 30-year mortgage. Price Hikes and the Double Whammy 💸

A recent Wall Street Journal article has unveiled a noteworthy trend shaping the current real estate landscape: “They want to buy a house. They just don’t want to hire a contractor.” Let’s delve into this emerging phenomenon that is influencing buyer behavior and market dynamics. The Decline in Demand for Fixer-Uppers ⬇️ In today’s market,

In the realm of real estate, an unconventional thought emerges: “It’s a great time to be a buyer!” While this may sound counterintuitive, let’s delve into the reasons behind this seemingly unpopular opinion. Reflecting on the Buyer’s Journey Over the past 24 months, buyers faced unprecedented challenges – purchasing homes sight unseen, waiving contingencies, and

Hold onto your hats because here’s a staggering statistic: $9.3 trillion! According to a recent eye-popping report from Black Knight, homeowners have collectively gained trillions in equity over the past decade. While we might not be at the peak levels of 2021-2022, there’s an undeniable and robust rebound happening this spring. Riding the Wave of