Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill.
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While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low.
![Facts About Closing Costs [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230330/Facts-About-Closing-Costs-KCM-Share.png)
- If you’re thinking about buying a home, be sure to plan for closing costs.
- Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.
Spring has arrived, and that means more and more people are getting their homes ready to sell.
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market.
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: