Sixty-two percent of millennial home buyers say they're planning to put less than 20 percent down on the house they eventually buy.

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Last fall buyers hesitated and took a break from the market. Now, as we move through 2023, there are signs things are finally going to pick up.

New home sales rose 2.3 percent in December, according to new numbers from the U.S. Census Bureau and the Department of Housing and Urban Development.

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you.

The recent pullback in mortgage rates is great news – but if you’re ready to buy now, holding out for 3% is a mistake.

Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you.

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, nationally the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? And what about our local market?

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position. However, keep in mind that the Bismarck Mandan housing market does respond differently than what happens at the national level.

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house in North Dakota and moving to a warmer state. Or maybe it’s time to downsize to a condo or townhouse with no exterior maintenance.

Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that decision.

If you’re getting ready to buy your first home in Bismarck or Mandan ND, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.