How To Make Your Dream of Homeownership a Reality

By Posted on 3 min read 417 views

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total of around five million homes will be sold in …

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Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance

By Posted on 3 min read 456 views

To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. …

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Free Floor Plans are Now Available to The MLS™/CLAW REALTOR® Members Through CubiCasa

By Posted on 2 min read 238 views

The new partnership between The MLS™/CLAW and CubiCasa provides members access to quick and easy floor plans with a five-minute mobile phone scan Los Angeles, CA – February 8, 2023. The MLS™/CLAW continues to offer the best-in-class benefits to its REALTOR® members, most recently through its new partnership with CubiCasa. CubiCasa is a revolutionary mobile app that produces detailed and attractive floor plans in just minutes. The app requires no training …

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Why Today’s Housing Market Isn’t Headed for a Crash

By Posted on 3 min read 377 views

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008. Back Then, Mortgage Standards Were Less Strict During the lead-up to the …

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The Top Reasons for Selling Your House

By Posted on 2 min read 432 views

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years …

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Experts Forecast a Turnaround in the Housing Market in 2023

By Posted on 1 min read 194 views

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. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and overall market activity is starting to pick up. All of that’s …

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Lower Mortgage Rates Are Bringing Buyers Back to the Market

By Posted on 2 min read 293 views

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. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage Bankers Association (MBA) shows mortgage applications increased last week by 7% compared to the week before. …

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Think Twice Before Waiting for 3% Mortgage Rates

By Posted on 2 min read 280 views

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 of inflation is starting to drop. And as a result, mortgage rates have dipped below last …

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What Experts Are Saying About the 2023 Housing Market

By Posted on 2 min read 491 views

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, 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? An article from HousingWire offers this perspective: “The red-hot housing market of the past 2 ½ years …

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Planning To Sell Your House? It’s Critical To Hire a Pro.

By Posted on 3 min read 378 views

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the …

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