What Would a Recession Mean for Real Estate in 2023?
Many fear a recession in 2023—but is one inevitable? Let’s break it down. What is a recession?The most widely-accepted meaning of “recession” is the one from the National Bureau of Economic Research (NBER). They define it as “a significant decline in economic activity that is spread across the econo
Will Mortgage Rates Go Down in 2023?
Mortgage rates fell to an all-time low of 2.65% in 2021. Now they’re more than double that, and everyone is asking the same question.Will mortgage rates drop in 2023?Let’s break it down. Why are mortgage rates so high?Mortgage rates are influenced by several factors, the foundation of which is the o
6 Things You Should Never Do at Your Open House
If you’re selling your home, an open house is a great way to generate buzz. You get to present your home while it’s looking its best to many buyers at once, creating a sense of excitement and competition that can bring in multiple offers.Hosting an open house will also net you more money. How much?
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