Real estate news, tips, advice and market date from your favorite Bismarck and Mandan Real Estate Agent and REALTOR®
Will The Market Favor Buyers Or Sellers In 2023?
A new analysis says home buyers will see improving conditions as the year goes on, with inventory gains creating more buyers' markets across the country.
The Top Reasons for Selling Your House
If you’re a homeowner in that position, remember that mortgage rates aren’t the only thing to consider when making a move. Your mortgage rate is important, but there are plenty of reasons you may still need or want to move.
Experts Forecast a Turnaround in the Housing Market in 2023
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.
Home Price Data Shows Slower Annual Gain
According to the latest S&P Case-Shiller Home Price Index, home prices continue to slow, though they remain 7.7 percent above year-before levels.
Should You Rent Your House or Sell It?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental(STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.
Lower Mortgage Rates Are Bringing Buyers Back to the Market
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. But what are buyers doing now?
New Home Sales Increase 2.3% In December
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.
Where Will You Go If You Sell? You Have Options.
There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.
Home Seller Tenure Remains Near 10-Year Low
The typical number of years Americans live in a home before selling has been getting shorter recently. At the end of last year, it fell to just under six years.
How to Avoid Mortgage Mistakes
Once you know where the mortgage loan problems are, you can easily get around them. Mortgages don't have to be scary. After all, they're just business transactions, albeit big ones. Here are six ways to avoid mortgage mistakes.
Why It Makes Sense To Move Before Spring
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year.
Want To Sell Your House? Price It Right.
In a more moderate market, how you price your house will make a big difference to not only your bottom line, but to how quickly your house could sell. And the reality is, homes priced right are still selling in today’s market.