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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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Why Buying Now May Be Worth It in the Long Run

September 26, 2024 - by Daniel Andrade

Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as …

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The Down Payment Assistance You Didn’t Know About

September 25, 2024 - by Daniel Andrade

Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most …

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Is Your House Priced Too High?

September 24, 2024 - by Daniel Andrade

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing …

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Daniel Andrade Beautiful Homes Real Estate call me at +13232159836 BROKER/REALTOR® DRE 01849983 www.Facebook.com/Daniel.Andrade.r1
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