• Why Median Home Sales Price Is Confusing Right Now,Savant Realty Group

    Why Median Home Sales Price Is Confusing Right Now

        The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home pric

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  • People Want Less Expensive Homes – And Builders Are Responding,Savant Realty Group

    People Want Less Expensive Homes – And Builders Are Responding

        In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less

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  • Don’t Expect a Flood of Foreclosures,Savant Realty Group

    Don’t Expect a Flood of Foreclosures

        The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a

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