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One Number Could Change Everything About Your Next Move

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 When's the last time someone told you what your house is worth? Not what some online valuation tool guessed. Not what your neighbor's house sold for. What yours is actually worth right now. For a lot of homeowners, it's been years. And if you've been thinking about moving, but higher home prices or mortgage rates have made you hesitate, here’s why it’s time to take a second look at that number. Your House May Be Worth More Than You Think Home values have climbed significantly over the past 5-10 years. And even though today's market is more balanced, homeowners are building wealth every day just by owning their homes. That’s how equity works. As home values rise, and as you make your monthly payments, your equity grows. And it adds up fast. According to Cotality, the typical homeowner with a mortgage now has $310,500 in equity. That's not a small number. It’s six figures. And that’s only the national average. In many states, homeowners have built even more equit...

Higher Rates Could Actually Help Housing Supply – Here’s How

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 You may have heard the number of homes for sale isn’t growing like it was. And maybe that has you worried you won’t find a home you love when it’s time to make your move. But that may be about to change. Here’s why your pool of options may actually start ticking back up again. Growth Has Slowed, But It Hasn’t Stopped Active listings were up 2.1% year-over-year in July, according to Realtor.com . Back in January, inventory was up 10%. And in May of 2025, it was up 31.5%. So, growth has cooled off a lot over the last year. The past 3 months, though, have all seen inventory growth land in roughly the same range, which is a sign this slowdown may be nearing its floor ( see graph below ): So, what does that mean for you? Homes are still coming onto the market. Every single one of these bars shows a period where inventory grew. So, don’t be discouraged or let this make you think you’re out of options. Plus, we’ve seen more stability in the numbers lately, which is a good sign. The Most...

The Kind of House Buyers Are Willing To Pay More For

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 That spare room on the main floor. The finished basement with a kitchenette and its own entrance. The bonus room you've been using for storage. To you, it's extra space. But to a growing pool of buyers, it's the reason they'd pick your house. Here’s why. Multi-generational homebuying is on the rise. Millions of Families Are Living Multi-Generationally The number of multi-generational households is climbing. That’s when 3 or more generations live under one roof. And data shows those households grew from 3.2 million to almost 4 million between 2014 and 2024, according to Realtor.com. And each year, more people are shopping for a larger home that fits their combined needs. While the appetite for this type of house is rising across the board, data from USAFacts shows multi-generational living is more common in some states than others. The darker the state in the map below, the more common it is in that area (see map below) Where does your state fall? Depending on where yo...

Alcatraz Was Always There

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  “Just Thinking" On August 11, 1934, a group of federal prisoners classified as the nation’s “most dangerous” arrived at Alcatraz Island, a 22-acre rocky outcrop located 1.5 miles offshore in San Francisco Bay. Growing up in San Francisco, Alcatraz was always there, sitting in the middle of the bay between the Golden Gate and Bay Bridges. Although the prison closed in 1963, when I was still a kid, the island remained a constant presence on the horizon. For me, Alcatraz was more than a landmark. It was woven into the backdrop of everyday life, surrounded by stories, legends, and mysteries that fueled my imagination growing up. Among the inmates who served time at the maximum-security prison were the notorious gangster Al “Scarface” Capone and Robert Stroud, better known as the “Birdman of Alcatraz.” Though more than a dozen escape attempts were made over the years, no inmate is known to have successfully escaped The Rock, as the prison was famously nicknamed. That reputation, comb...

Is There a Housing Shortage in the U.S. Right Now? Ivy Zelman Says No

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  Check Out This Weeks Newsletter Ivy Zelman says there is no U.S. housing shortage and the market has settled into balance. Byron Lazine unpacks her CNBC interview on the Hot Sheet. Ivy Zelman, CEO of Zelman & Associates, joined CNBC recently for a discussion on the U.S. housing market. The biggest takeaway from their latest analysis:  “Our view is that the market is balanced and that there is not a shortage.” Zelman’s case rests on a handful of data points: spec inventory levels, new home sales trends, a fresh demographic report on population and household growth, and price corrections already showing up in specific markets.   Is There a Housing Inventory Shortage?  For the better part of the last several years, the housing industry’s explanation for tight supply and firm prices came down to one idea: there aren’t enough homes. That shortage narrative shaped how builders planned communities and how the market thought about risk. Zelman describes a differe...

Who Has the Upper Hand in Today's Housing Market?

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 Ask around and almost every homebuyer out there wants to know if there’s a way to get a better deal. And just about every seller wants to know if they'll still get top dollar. The interesting thing is... both can be right at the exact same time . It just depends on where you live. That's because today's housing market isn't moving in one direction anymore. Some markets clearly favor buyers. Others still favor sellers. But most are sitting somewhere in the middle. And knowing which market you're actually in can completely change the strategy you use to buy or sell (and what expectations you should have). Let’s break it down. One Number Tells You Who's Got Leverage So how do you know which market you're in? There's one number that tells the story faster than anything else: the months' supply of homes for sale. It's the clearest signal of who's got leverage – and what strategy you'll need. Think of it like this. Imagine no additional homes...

Here’s Why Mortgage Rates Are What They Are Right Now

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 If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there's a number working behind the scenes that's actually good for you right now. It's called the spread, and once you understand it, you may see today’s rates in a whole new light. The Pattern That’s Held for 50+ Years For starters, mortgage rates don't move on their own. They tend to follow the 10-year treasury yield, a number tied to how investors feel about the economy. It’s not an exact science, since plenty of other factors can move it day to day, but broadly speaking, when the economy looks strong, that yield tends to climb over time. When the outlook gets shaky, it tends to ease. For over 50 years, the 10-year treasury yield and mortgage rates have moved almost in lockstep ( see graph below ): The gap between them is called the “spread.” On average, that gap runs about 1.76 percentage points. And that spread impacts your mortgage r...