If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. It’s true for newly built homes too.

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: 

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers.

When you think about affordability, remember the full picture includes more than just mortgage rates. Let’s also look at home prices and wages a little more closely.

As people realize their needs are changing, some are turning to luxury housing to find their dream home.