You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year. What Sparked the […]
If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it. From Frenzy to “Normal” Right now, about 50% of homes on the market are selling for less than their asking price, according […]
Not long ago, buying a home meant flipping through paper listings, driving from house to house, and spending hours in meetings with your agent. While those things still happen, today’s real estate world is being transformed by PropTech—short for property technology. From artificial intelligence (AI) to virtual reality (VR) tours, these innovations are changing how […]
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same. That’s why more buyers are turning to new construction – and […]
For years, homebuyers across the country have been buying at higher mortgage rates with the plan to refinance later. It’s become almost standard advice: “Date the rate, marry the home”, or “Buy now, refi when rates drop.” But what happens if rates don’t drop—or worse, if they go even higher? Some economists are calling this […]
You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even […]
If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, […]
You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary. But here’s what you need to remember: a lot of what you see online is designed […]
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since […]
When you think of renters, you might picture college students, young professionals, or families waiting to buy their first home. But here’s a surprise: the fastest-growing group of renters in the U.S. isn’t twenty-somethings—it’s seniors. Between 2013 and 2023, the 65+ age group added about 2.4 million renters nationwide, a growth rate of nearly 30%. […]
If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven’t disappeared entirely, they’re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in […]
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it […]
For many people in Buffalo and Western New York, buying a home feels like an impossible dream if your credit score is low—or if you don’t have one at all. But the truth is, homeownership may be closer than you think. With the right steps and some powerful local programs, it’s possible to go from […]
Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in. For first-time buyers, they can be a smart way to get into homeownership without stretching your budget. For downsizers, they offer less […]
Millennials—those born between 1981 and 1996—have become a driving force in today’s housing market. Once thought of as the “renting generation,” Millennials are now entering their prime homebuying years. In fact, they make up the largest share of homebuyers in the U.S. today, and their influence is reshaping how homes are bought, sold, and marketed. […]
When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and […]
Buffalo and Western New York (WNY) have long been known for their rich history, vibrant neighborhoods, and unique mix of big-city amenities with small-town charm. But in recent years, the region has also emerged as one of the most promising markets for investment properties—particularly rentals and short-term vacation stays like Airbnb. With a steady flow […]
Mortgage rates are still a hot topic – and for good reason. After the most recent jobs report came out weaker than expected, the bond market reacted almost instantly. And, as a result, in early August mortgage rates dropped to their lowest point so far this year (6.55%). While that may not sound like a […]
Whether you’re preparing to sell your home, buying a new one, or tackling a remodel, one thing is certain—inspections matter. In New York State, passing a home inspection isn’t just about satisfying the buyer’s curiosity. It can be the deciding factor in whether your sale closes smoothly or stalls. And for homeowners upgrading their space, […]
If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity. Myth 1: New Homes Are More Expensive It’s easy to assume a new build will cost […]