EXIT Realty Premier Blog

How Buying a Multi-Generational Home Helps with Affordability Today

October 17, 2023

For BuyersFirst Time Home BuyersMove-Up BuyersDemographicsRent vs. Buy

In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living.

Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Here’s an in-dep...

Are Higher Mortgage Rates Here To Stay?

October 16, 2023

For BuyersFirst Time Home BuyersInterest RatesHousing Market UpdatesBuying Myths

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):  

 

That can feel like a little bit of a gut punch if you’re thinking about making a move. If you’re won...

Home Prices Are Not Falling

October 3, 2023

For SellersPricingHousing Market UpdatesSelling Myths

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market.

If it made you question if you should delay your o...

 

The Return of Normal Seasonality for Home Price Appreciation

September 26, 2023

For BuyersFor SellersPricingFirst Time Home BuyersMove-Up BuyersHousing Market UpdatesBuying MythsSelling Myths If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you ne...

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

 

September 15, 2023

For SellersInfographicsHousing Market UpdatesSelling Myths

Some Highlights

Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic i...

Why Is Housing Inventory So Low?

September 14, 2023

For BuyersFor SellersInterest RatesHousing Market UpdatesNew Construction

One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why.

There aren’t enough homes available for sale, but that shortage isn’t just a today problem. It’s been a challenge for ye...

Buyer Traffic Is Still Stronger than the Norm

August 30, 2023

For SellersHousing Market UpdatesDemographicsSelling Myths

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.

The ShowingTime Showing Index is a measure of buyers touring homes. The graph below uses the latest numbers availa...