The Lock-In Effect: Why Housing Inventory is So Tight

A surprising 40% of homeowners nationwide don’t have a mortgage at all—and of those who do, only 1 in 4 has an interest rate above 5% (as this chart shows). With so many homeowners locked into ultra-low rates, it's no wonder we're seeing such low inventory on the market.  Homeowners with rates under

From Renter to Homeowner: The 5 Biggest Lifestyle Shifts You’ll Make

https://nowbam.com/lawrence-yun-predicts-housing-market-recovery-in-2025/    Becoming a homeowner is an exciting milestone—a dream for many that brings freedom, responsibility, and an entirely new way of living. While it offers incredible opportunities, homeownership is a lifestyle shift that goes f

How Buyers are Adapting in Today’s Housing Market 

For the first time since 2020, housing affordability is showing signs of improvement. This is mainly due to a drop in mortgage rates, which have eased from 7.07% to 6.09% over the past year. However, despite this positive shift, affordability continues to be a hurdle for many buyers.  Currently, buy

Lower Rates, More Options: Fall Opportunities for Buyers

The past few years have been tough for buyers. If you think back to before the pandemic, you’ll likely remember hearing that spring was always the ideal time to buy a home. After all, that’s when the majority of homeowners list their homes for sale, and more homes on the market means more options fo