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Two Reasons Why the Housing Market Won’t Crash

October 10, 2024 - by Daniel Andrade

You may have heard chatter recently about the economy and talk about a possible recession. It’s no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market …

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Why Now’s Not the Time To Take Your House Off the Market

October 9, 2024 - by Daniel Andrade

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could …

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Now’s the Time To Upgrade to Your Dream Home

October 8, 2024 - by Daniel Andrade

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below): But there’s also a good chance …

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The Top 3 Reasons Affordability Is Improving

October 5, 2024 - by Daniel Andrade

Some Highlights Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it’s improving quickly as rates come down, prices level off, and wages climb.  If you put your search on pause because it was too expensive to buy, connect with an agent to talk …

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Home Values Rise Even as Median Prices Fall

October 4, 2024 - by Daniel Andrade

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. …

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Secrets To Selling Your House Quickly

October 3, 2024 - by Daniel Andrade

Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years …

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This Is the Sweet Spot Homebuyers Have Been Waiting For

October 2, 2024 - by Daniel Andrade

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, if you’ve put …

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Buying Beats Renting in 22 Major U.S. Cities

October 1, 2024 - by Daniel Andrade

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 improved significantly. …

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Buy Now, or Wait?

September 28, 2024 - by Daniel Andrade

Some Highlights If you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead …

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Don’t Fall for These Real Estate Agent Myths

September 27, 2024 - by Daniel Andrade

When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important …

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Daniel Andrade Beautiful Homes Real Estate call me at +13232159836 BROKER/REALTOR® DRE 01849983 https://www.facebook.com/daniel.andrade.r1/
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