If you took your house off the market in late 2024, you're not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):
Whether it was because offers weren't coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners deci...
At one point or another, you've probably heard someone say, "Yesterday was the best time to buy a home, but the next best time is today."
That's because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here's the truth: waiting for the right moment could cost you in the long run.
The idea that prices will drop dramatically is wishful thinking in most markets. According to the Home Price Expectations Survey from Fannie Mae, industry analysts are saying prices are projected to keep rising through at least 2029.
While we're no longer seeing the steep spikes of previous years, experts project a steady and sustainable increase of around 3-4% per year, nationally. And the good...
LaRonda Acuff-Sack, a Bend Oregon native, known for her residential real estate expertise and love of all things local, has been a licensed Real Estate Broker since 1999. She has specialized in listings & new home construction. LaRonda has been a licensed Principal Broker since 2005. She has trained under some of the most renowned sales and marketing trainers in the country and received numerous sales achievement awards including Sales Person of The Year. Well educated in all facets of her profession she has attained Certified New Home Sales Professional certification from the National Association of Home Builders. LaRonda and her husband Joe, an RN at our local hospital, have an "urban farm" in Bends mid-town with a large organic garden and beehives. They enjoy spending time with their family, friends, and beautiful puppy named Ocean. LaRonda could not be more excited to be living and wo...
More people are taking steps to buy a home. And, if you've been waiting for the right time to move, this may be the sign you've been looking for.
For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn't seem doable. But now, more of them are getting back out there. That's because they're getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors (NAR):
"H...
Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you've been looking for in today's market.
According to Fannie Mae, an ADU is a small, separate living space that's on the same lot as a single-family home. It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU can be:
ADUs are growing in popularity as more people discover why...