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Monthly Archives: January 2022

    Buyers Want To Know: Why Is Housing Supply Still So Low?

    By Erlyn Lucas | January 24, 2022

    One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While... Read More

    What’s Going To Happen with Home Prices This Year?

    By Erlyn Lucas | January 17, 2022

    After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet... Read More

    There Won’t Be a Wave of Foreclosures in the Housing Market

    By Erlyn Lucas | January 10, 2022

    When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market would experience a wave of foreclosures like what happened after the housing bubble 15 years ago.... Read More

    How Much Do You Need for Your Down Payment?

    By Erlyn Lucas | January 3, 2022

    As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common... Read More

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