Skip To Content

Blog

    Avoid the Rental Trap in 2023

    By Doug Yopp | January 25, 2023

    If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current... Read More

    Have Home Values Hit Bottom?

    By Doug Yopp | January 25, 2023

    Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s on many minds, based on... Read More

    Think Twice Before Waiting for 3% Mortgage Rates

    By Doug Yopp | January 25, 2023

    Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate... Read More

    High Rise Lending Market Update – What Are Seller Concessions?

    By Doug Yopp | November 29, 2022

    What are seller concessions? A seller concession is an arrangement where a home seller agrees to pay some, or all, of a buyer’s closing costs.  Importantly, getting a seller concession does not mean the seller will hand over cash to pay for your upfront costs. Rather, it’s an agreement that allows the seller to cover... Read More

    The Long-Term Benefit of Homeownership

    By Doug Yopp | October 31, 2022

    Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5,... Read More

    What Happens to Housing when There’s a Recession?

    By Doug Yopp | October 31, 2022

    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 mild and the economy would rebound quickly. As the 2022... Read More

    What’s Ahead for Home Prices?

    By Doug Yopp | October 31, 2022

    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 appreciation. But what’s true? What’s most likely to happen moving forward? ... Read More

    Should You Still Buy a Home with the Latest News About Inflation?

    By Doug Yopp | October 31, 2022

    While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb.... Read More

    What Are Experts Saying About the Fall Housing Market?

    By Doug Yopp | October 31, 2022

    The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the... Read More

    3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]

    By Doug Yopp | October 31, 2022

    Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Schedule a Strategy Session with a trusted real estate knowledge broker at The... Read More