Posted on Oct 10, 2022
Walkability is increasingly important to home buyers. If a grocery store, local restaurant, and public transportation can all be accessed by foot, many people are willing to give up some of their other “nice to have’s" in a home. According to a study published in Science Direct, walkability l...
Posted on Oct 07, 2022
Sellers are feeling the pinch of a shifting real estate market. Selling a home fast and for top dollar today is more of a challenge than it was in 2021. Selling your home quickly is a good thing - it means people are more likely to pay a higher price, and it's easier to move on to your next home.&n...
Posted on Oct 04, 2022
Houwzer's Market Outlook is based on the questions we continue to receive from clients, employees, and investors about the implications for the housing and mortgage markets in which we are active. What's the deal with housing prices? There’s been a lot of media focus lately on home price declines....
Posted on Sep 29, 2022
Virginia’s real estate market has been hot - to the point that many people are wondering whether it makes more sense to build a home, rather than trying to buy an existing home. According to the Federal Reserve Bank of Richmond, 2021 saw a 14% increase in residential building permits iss...
Posted on Sep 28, 2022
Home prices have shot up over the past few years, making homebuying an even more challenging endeavor for those who were already struggling to get together enough money for a down payment/closing costs. As a home buyer, the cheapest way to buy a house might involve looking at homes in need of a lot...
Posted on Sep 23, 2022
How do people afford houses? It might seem like an impossible task, depending on where you are in life. Especially when home prices have climbed so dramatically, the logical question is: how are people paying for homes worth half a million dollars? If you’re curious about how people afford ho...
Posted on Sep 22, 2022
According to Rocket Mortgage, first-time home buyers live in their homes for an average of 11 years before selling and moving on to the next property. If you're a homeowner thinking about selling, it's possible that smartphones were still an emerging technology when you bought your first home. A lo...
Posted on Sep 16, 2022
It’s easy to lump everything South of Washington Ave. as “South Philadelphia,” yet this region encompasses many distinct neighborhoods that have their own unique character. When it comes to affordability without giving up on city amenities, South Philadelphia is hard to beat. Depending on where you...
Posted on Sep 16, 2022
Is it hard for a single person to buy a house? This question is often at the forefront of people’s minds when they begin to navigate this process alone. While couples buying homes are certainly the norm, plenty of people don’t fit the bill: in fact, single buyers make up about 30% of all homebuyers....