Pre-Approval Makes All the Difference
Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your […]
Is there an end in sight to the housing shortage?
Hope Is on the Horizon for Today’s Housing Shortage The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates […]
There is Still Time to Take Advantage of Historically Low Interest Rates
Historically low interest rates have started to inch higher in the past few months. There is still time to act to take advantage before the low rates are gone. https://movewithmason.com/wp-content/uploads/2021/06/Theres-Still-Time-To-Take-Advantage-of-Historically-Low-Mortgage-Rates.mp4
Why this is not like 2018
Why This Is Not Like 2008 Again During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship […]
Home Price Appreciation is as Simple as Supply and Demand
Home Price Appreciation Is as Simple as Supply and Demand Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year […]
Reasons to Celebrate Homeownership
6 Reasons to Celebrate National Homeownership Month Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has […]
What’s Motivating People to Move?
What’s Motivating People To Move Right Now? This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider their homes. According to the 2020 Annual National Movers Study: “For customers who […]
Housing Affordability Misunderstandings
How Misunderstandings about Affordability Could Cost You There’s a lot of discussion about housing affordability as prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable […]
