Patterson Real Estate Group, REALTORS

Remember a few years back when sellers held all the power and buyers were stuck offering way over asking or waiving inspections just to get a chance at the house? In many markets, those days are behind us. While it’s going to vary by area,[…]

One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down. Some believe a crash is coming and they’ll get a better deal if they hold off. Others worry they’ll buy now and[…]

A few years ago, sellers could get away with saying “no” to just about everything. No repairs. No concessions. No negotiation. If buyers wanted the house, they pretty much had to take it on the seller’s terms. But now that inventory’s grown, negotiations are becoming[…]

A lot of people who want to move are telling themselves the same thing: “Maybe I’ll just wait until later this year once things calm down.”  While waiting sounds like a good plan, there’s something worth knowing before you decide. Rates aren’t expected to change[…]

If affordability has been the biggest thing standing between you and a home, there’s a little good news.  Asking prices have started to come down. The typical seller listed their house for a median of $429,500 in May. That’s 2.4% lower than a year ago,[…]

Whether you’re dreaming about buying your first home or wondering if it’s time to move on from the one you’re in, affordability is probably weighing on your mind. Home prices are still high in many markets, and even though things have improved a bit over[…]

Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling. Inflation Went Up –[…]