Buying Beats Renting in 22 Major U.S. Cities
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has impr
Falling Mortgage Rates Are Bringing Buyers Back
If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And y
Mortgage Rates Drop to Lowest Level in over a Year and a Half
Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s
Categories
- All Blogs (659)
- Affordability (16)
- Agent Value (27)
- Baby Boomers (8)
- Buyers (437)
- Buying Myths (117)
- Buying Tips (49)
- Credit (3)
- Demographics (32)
- Distressed Properties (6)
- Down Payment (23)
- Downsize (2)
- Economy (16)
- Equity (12)
- Family (2)
- Featured (8)
- First Time Homebuyers (211)
- For Sale by Owner (1)
- Forecasts (7)
- Foreclosures (28)
- FSBOs (11)
- Gen X (1)
- Gen Z (5)
- Home Improvement (2)
- Home Prices (37)
- Housing Market Updates (231)
- Interest Rates (70)
- Inventory (30)
- Investing (6)
- Kids (2)
- Leasers (6)
- Lenders (4)
- Loans (8)
- Luxury Market (3)
- Market (3)
- Millennials (9)
- Mortgage (18)
- mortgage rates (31)
- Move Up Buyers (84)
- New Construction (13)
- Pricing (95)
- Rent v. Buy (36)
- Self-Employed (1)
- Sellers (292)
- Selling Myths (87)
- Selling Tips (40)
- Senior Market (1)
Recent Posts
