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Key takeaways Economists are confident that the housing market is not going to crash . Instead, it’s undergoing a correction that will likely take many years. Home prices have continued to climb even as sales activity has slowed, largely due to an inventory shortage – not a bubble waiting to burst. Lending standards are much stricter than they were before the Great Recession, reducing the risk of a credit-driven collapse. Even so, home buyers and sellers are feeling the strain of an unaffordable housing market and volatile economy. Today, the housing market feels stuck . Buyers are frozen out by high prices and elevated mortgage rates. Sellers are hesitant to list because they don’t want to give up low-rate mortgages and worry they won’t find a buyer. As a result, sales are dropping and concessions are common. Consumers are concerned about the state of the economy and how dramatically the market has flipped from hot to cold. But most economists are confident that the economy ...

Key takeaways: Calculate potential rental income, expenses, and maintenance costs before deciding whether renting is financially worthwhile. Review mortgage restrictions, local landlord-tenant laws, insurance requirements, and property conditions before listing your house. Use consistent tenant screening, a clear lease agreement, and organized management practices to protect your investment. Renting out your house can provide an additional source of income while allowing you to maintain ownership of your property. For homeowners who own multiple properties or aren’t ready to sell, renting out all or part of a home can be an appealing alternative. With more home sellers than buyers in today’s market and renting remaining more affordable than buying for many households, keeping a property as a rental may be worth considering. However, becoming a landlord comes with financial, legal, and ongoing management responsibilities. Before listing your home for rent , you...

Do you need a Realtor license to flip houses? The short answer is no. You generally don’t need a real estate license to buy, renovate, and resell properties you own. However, licensing requirements can change if you represent other buyers or sellers or engage in real estate wholesaling. Even when a license isn’t required, getting one may offer advantages, such as access to the multiple listing service (MLS) and potential commission savings. But is it worth the time and expense? Here’s what to know before deciding whether to get licensed or work with a real estate agent . Looking To Start Your House Flipping Journey? House flipping is all about juggling costs and profit, and the right agent can make or break your deal. HomeLight looks at over 27 million transactions to match you with a top agent who knows how to work with investors. Connect today to get started. ...

Key Takeaways House prices are unlikely to go down on a national level, but they should grow more slowly. It’s normal for house prices to steadily rise over time – it’s actually abnormal when they fall and can signal a broader economic issue, like a recession or correction. Home prices surged during the pandemic as buyers took advantage of ultra-low mortgage rates, leaving prices elevated today. In a few Sun Belt cities like Austin and San Antonio, prices are falling after the pandemic boom left them inflated. It’s no secret that housing today is expensive . Home prices are 20% higher than they were five years ago, while mortgage rates have almost doubled. A shortage of inventory, spike in inflation, and surge in demand during the pandemic have been the leading reasons, pricing many consumers out. Thankfully, supply and demand have slowly begun slowly leveling out, and most economists say that affordability will improve over the next few years. House prices are unlikely to fal...

from HomeLight Blog https://www.homelight.com/blog/sell-probate-home-bay-area/

When you picture buying your first home, chances are you’re imagining a traditional single-family house with its own yard, maybe a garage, and little extra room to grow. But with affordability still tight, getting everything on that list right away may come with a higher price tag than you’re comfortable with right now. from Keeping Current Matters https://www.keepingcurrentmatters.com/2026/10/19/want-a-more-affordable-home-dont-overlook-condos/