Author: Henry Chu at Golden Gate Sotheby's International Realty

Foreclosure Activity Is Still Lower than the Norm

Foreclosures / Housing Market Updates

Foreclosure Activity Is Still Lower than the Norm

Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story. The truth is, if you compare the current numbers with what...

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Buying Myths / First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers / Pricing

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because...

The Top Benefits of Buying a Multi-Generational Home

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

The Top Benefits of Buying a Multi-Generational Home

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see...

Are More Homeowners Selling as Mortgage Rates Come Down?

Buying Myths / For Buyers / Housing Market Updates / Move-Up Buyers

Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past...

Experts Project Home Prices Will Increase in 2024

First Time Home Buyers / For Buyers / Housing Market Updates / Pricing

Experts Project Home Prices Will Increase in 2024

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people...

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

Some Highlights Buying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process. If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate to the...