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So far prswenson has created 1283 blog entries.

June 2023

Eco-Friendly, Energy-Efficient Homes Attract Buyers

2023-06-21T14:27:22+00:00

Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows 48% of agents or brokers have noticed consumers are interested in sustainability. [...]

Eco-Friendly, Energy-Efficient Homes Attract Buyers 2023-06-21T14:27:22+00:00

Why the Median Home Price Is Meaningless in Today’s Market

2023-06-20T13:10:48+00:00

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the blogs [...]

Why the Median Home Price Is Meaningless in Today’s Market 2023-06-20T13:10:48+00:00

Saving for a Down Payment? Here’s What You Need To Know.

2023-06-19T15:18:45+00:00

If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may be [...]

Saving for a Down Payment? Here’s What You Need To Know. 2023-06-19T15:18:45+00:00

This Real Estate Market Is the Strongest of Our Lifetime

2023-06-08T14:32:47+00:00

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point.  1. The Current [...]

This Real Estate Market Is the Strongest of Our Lifetime 2023-06-08T14:32:47+00:00

The Main Reason Mortgage Rates Are So High

2023-06-07T12:39:06+00:00

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions:  Why Are Mortgage Rates So High? When Will Rates Go Back Down? [...]

The Main Reason Mortgage Rates Are So High 2023-06-07T12:39:06+00:00

Real Estate Is Still Considered the Best Long-Term Investment

2023-06-06T11:43:17+00:00

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph [...]

Real Estate Is Still Considered the Best Long-Term Investment 2023-06-06T11:43:17+00:00

Oops! Home Prices Didn’t Crash After All

2023-06-05T14:17:03+00:00

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on the [...]

Oops! Home Prices Didn’t Crash After All 2023-06-05T14:17:03+00:00